Find out how we’re empowering ambitious entrepreneurs to fly.
I know anecdotally that our lending has a much wider impact than just the economic one which arises from creating a new business and getting someone out of the benefits system (using a recognized economic impact tool, the impact is ten times the funds we lend). For example we know that even if a business […]
Introduction: In the rush to rebuild our economy following the damage caused by the Covid 19 lockdown, there is a danger that we will hastily patch up what was there before and follow the same paradigms and economic mantras, in the mistaken belief that this will bring back prosperity and growth. There is a growing […]
We hear a lot about entrepreneurs and the need to be entrepreneurial in Wales, although everyone’s idea of what that actually means is probably a little bit different. The usual suspects admired for their entrepreneurial skills such as Richard Branson or Sheryl Sandberg undoubtedly are entrepreneurs, but I believe that the sort of people Purple […]
The announcement by the Government of its package for the self-employed will undoubtedly be a lifeline for lots of established self-employed people but many of our borrowers won’t be able to benefit. Everyone knows that new businesses are rarely profitable in their early years – and many of ours which are only a couple of […]
Dear Friends, Supporters and Investors. It has been quite a few months since the last newsletter – partly caused by busyness but also because I was waiting for the new branding and website to be finished. which you can see has now happened. The old website had served us well but had become outdated for […]
I watched the Panorama programme “Easy Money Tough Debt” which presented the issues faced by many people on the margins of our economy struggling with high cost debt. The problems and stresses caused to them were well presented but I was disappointed that, apart from pushing for a “breathing space” for those with unaffordable debt, […]
Purple Shoots is a company limited by guarantee, registered in England and Wales
Registered Company No. 08603690
Registered Charity No. 1155385
Authorised and regulated by the Financial Conduct Authority, number 720894
