Thursday 26 October 2023

Government Support for Start Ups

Do Now: 3, 2, 1 of Business Plans.

• Write three factors that appear on a

business plan.
• Write two reasons why an entrepreneur
would benefit from a business plan.
• Write one drawback of writing a business
plan.
 Thursday 26 October 2023
Government Support for Start-Ups

Learning Question: How and why do governments support start-ups?

• LO1: To outline the support provided by governments to start-ups.

• LO2: To explain the reasons why governments support start-ups.

• LO3: To evaluate the impacts of grants and training scheme on start-up businesses.
Government Support:
Government Support:
 Grants and Training Schemes

Read the information sheet on grants and training scheme, then answer the questions:

What is a grant?
Give an example of a grant.
What are the advantages of this grant?
What are the disadvantages of this grant?

What is a training scheme?

Give an example of a training scheme.
What are the advantages of this scheme?
What are the disadvantages of this scheme?
 Plenary – 1 Minute Challenge

Each person should talk to their partner for one minute about today’s lesson.

• You cannot pause for more then a few seconds.

• You cannot repeat yourself
• You cannot say ‘um’