1. Main facts and figures
- nearly 69,000 Start Up Loans were received between 2013 and 2019
- for every 10,000 economically active people, there were 2.4 Start Up Loans received in 2019, compared with 3.3 in 2013
- in every ethnic group except the Other group, the rate and number of loans went down
- the Black and Mixed ethnic groups have consistently received the highest number of loans per 10,000 people, although the rate has gone down for both groups
- in 5 out of the 7 years covered, the Asian ethnic group received the lowest number of loans per 10,000 people
2. Things you need to know
What the data measures
This data measures the number of Start Up Loans received and the rate for every 10,000 economically active people in each ethnic group.
Rates per 10,000 people are rounded to 1 decimal place.
How Start Up Loan rates are measured
The loan rate is the number of Start Up Loans for every 10,000 economically active people in each ethnic group.
Economically active people are aged 18 and over and either employed, or unemployed and looking for work.
The ethnic groups used in the data
Data is shown for the following 5 aggregated ethnic groups:
- Asian
- Black
- Mixed
- White
- Other
This is because the number of loan recipients from specific ethnic groups was too small to be able to make any reliable generalisations.
The ethnicity was not known for 11% of loan recipients in 2019.
Methodology
Read the detailed methodology document for the Annual Population Survey, which is the data source for working age population figures used on this page.
In the early years of the scheme, promotion targeted people from the Black and Mixed ethnic groups. This is reflected in the rates for 2013 and 2014.
In the data file
See Download the data for the total number of new loans received, including by people whose ethnicity was not known.
3. By ethnicity over time
| All | Asian | Black | Mixed | White | Other | |||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Year | All Loans per 10,000 | All Number of new loans | Asian Loans per 10,000 | Asian Number of new loans | Black Loans per 10,000 | Black Number of new loans | Mixed Loans per 10,000 | Mixed Number of new loans | White Loans per 10,000 | White Number of new loans | Other Loans per 10,000 | Other Number of new loans |
| 2013 | 3.3 | 10,371 | 3.1 | 594 | 26.9 | 2,300 | 14.0 | 436 | 2.3 | 6,546 | 0.6 | 27 |
| 2014 | 4.6 | 14,779 | 2.8 | 569 | 15.9 | 1,399 | 25.0 | 811 | 3.9 | 11,126 | 4.6 | 214 |
| 2015 | 3.0 | 9,794 | 1.7 | 345 | 8.2 | 801 | 14.1 | 459 | 2.6 | 7,535 | 4.4 | 212 |
| 2016 | 2.8 | 9,082 | 1.8 | 387 | 7.0 | 693 | 10.0 | 356 | 2.4 | 6,963 | 2.7 | 140 |
| 2017 | 2.7 | 8,918 | 1.7 | 375 | 6.2 | 584 | 8.0 | 304 | 2.5 | 7,184 | 2.8 | 151 |
| 2018 | 2.4 | 7,817 | 1.5 | 343 | 5.2 | 524 | 6.0 | 242 | 2.2 | 6,213 | 1.7 | 94 |
| 2019 | 2.4 | 7,992 | 1.8 | 411 | 4.5 | 481 | 6.3 | 240 | 2.0 | 5,886 | 1.6 | 90 |
Download table data for ‘By ethnicity over time’ (CSV) Source data for ‘By ethnicity over time’ (CSV)
4. Data sources
Source
Start Up Loans Company administrative data
Type of data
Administrative and survey data
Type of statistic
Non-official statistics
Publisher
Department for Business, Energy & Industrial Strategy
Publication frequency
Ad-hoc
Purpose of data source
The Start Up Loans Company’s administrative data is used to monitor the success of Start Up Loans in reaching disadvantaged groups.
Secondary source
Type of data
Survey data
Type of statistic
National Statistics
Publisher
Office for National Statistics
Note on corrections or updates
Higher-level figures may differ from those published by the Department for Work and Pensions and the Office for National Statistics that use the Labour Force Survey.
Publication frequency
Yearly
Purpose of data source
The Annual Population Survey (APS) is the largest ongoing household survey in the UK and covers a range of topics, including:
- personal characteristics
- labour market status
- work characteristics
- education
- health
The purpose of the APS is to provide information on important social and socio-economic variables at local levels, such as labour market estimates.
The published statistics also allow the government to monitor estimates on a range of issues between censuses.
5. Download the data
Measure, Time, Time type, Ethnicity, Ethnicity type, Age bracket, Age bracket type, Value, Value type, Number of new loans