As 2016 officially comes to an end, we look back on another amazing year at Transmit Start-Ups!
This year, we reached several amazing milestones. In May we had approved 1,000 start-up loans and in July we had lent over £10m in total.
To celebrate, we have created an enlightening infographic to mark each of these milestones.
In total, we received 4,097 loan applications and backed 578 entrepreneurs. 65% of those loan recipients were male, with an average age of 38. Our youngest backed entrepreneur was 18 and our oldest 74-years-old.
In 2016 we opened offices in Glasgow and Edinburgh and in 2017 we will be accepting loan applications from Northern Ireland and opening our very own London office.
Heading into 2017, we have backed over 1,500 entrepreneurs, lending almost £14m – and we can’t wait to see what 2017 will bring!