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Small Businesses: Colne Valley

Asked by Paul DaviesLabourDepartment for Business and TradeTabled Answered 11 September 2024UIN 4143

The question

To ask the Secretary of State for Business and Trade, what steps his Department is taking to help support small businesses in Colne Valley constituency.

Answered by Gareth Thomas

The Government is investing £1.14 billion over 30 years (£38 million annually) towards West Yorkshire Mayoral Combined Authority’s local economic priorities, including business support. The UK Shared Prosperity Fund also provides £83 million for West Yorkshire, including support to businesses in Colne Valley.

For small businesses across the country, we will deliver on commitments to boost exports, improve access to finance, stamp out late payment practices and open up competition for public procurement contracts. The department also provides support through Help to Grow Management, the Business Support Service and a network of Growth Hubs – including the West Yorkshire Business Support Service.

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