BBB names top local authorities for start-ups in Yorkshire and The Humber

Start Up Loans, part of the British Business Bank, today names the top local authorities for start ups across the UK, based on the number of Start Up loans successfully drawn down since 2012 by borrowers in their areas in comparison to other local authorities.

Harrogate was found to be the top local authority for start ups in Yorkshire & The Humber, with 428 Start Up loans worth over £4m successfully drawndown since 2012, representing 4.7 in every thousand local adults.

It also ranked fifth highest in the UK, with Hambleton, Richmondshire and Scarborough joint seventh.

Other top five local authorities in Yorkshire & the Humber for start ups include Hambleton, Richmondshire, Scarborough and Craven.

This coincides with the beginning of Business Finance Week 2022, hosted by the British Business Bank and business support partners from across the UK.

Louise McCoy, commercial director, Start Up Loans, said: “It’s wonderful to see Harrogate recognised in Yorkshire & The Humber for its contribution to entrepreneurship. I’m always inspired by the stories of small business owners who have used the Start Up Loans programme to take the leap into business ownership.

“Yorkshire & The Humber has an ever growing pool of diverse small businesses and I’m pleased to see that, with the help of Start Up Loans, they’re able to access the finance they need to grow and contribute to the local economy.”