ENYA appoints new CEO to promote and grow Microenterprise Loan Program
The Enterprise Network for Young Australians (ENYA) has announced the appointment of Jeremy Liddle as its latest CEO (Chief Entrepreneur Officer) who is tasked with ensuring growth of the low interest, not for profit loan scheme that encourages young Australians to start their own business.
The Chairman of ENYA, Daniel Clarke stated “I am delighted to have Jeremy on board. I look forward to him growing ENYA so that it can support more young people start their own businesses by using the Microenterprise loan.”
The ENYA Microenterprise Loan is provided in conjunction with the National Australia Bank and offers a low unsecured interest loan to young people starting their own businesses. In addition to a loan of up to $20,000 at 5.99% interest, ENYA offers support in formulating a business plan, a mentor throughout the starting stages of the business and ongoing legal and accounting support for funded businesses.
Jeremy states “I am excited to be able to focus my energy into helping young people start their own business, by offering two of the most important and lacking resources for young people, initial capital and support. The media has recently been reporting of the brain drain of intelligent motivated young entrepreneurs to Silicon Valley and this program by ENYA will help to encourage these and other young entrepreneurs to remain in Australia and build the Australian economy.”
The Enterprise Network for Young Australians (ENYA) supports and promotes the active participation of young people in enterprise, in an ethical and sustainable manner. ENYA believes that not only does youth enterprise impact on employment, business acumen, workplace opportunities and financial independence amongst young people; it also encourages young people to become active, innovative, creative and socially responsible citizens. It was founded in 2003 and currently takes about 18,000 calls a year for support on its advice line, 1300 136 921 and provides over 100 loans to help young people start their own business. It is the Australian member of The Prince’s Youth Business International. More information can be found at www.enya.org.au