Small Businesses
The question
To ask the Secretary of State for Business and Trade, if he will take steps to provide additional incentives to help encourage people to establish small businesses.
Answered by Gareth Thomas
The Government supports entrepreneurs with funding and mentoring through, for example the British Business Bank, via Start-up Loans.
The recently announced Business Growth Service which is due to be landed later this year, will help businesses access the support they need to grow, whether they are starting out or looking to scale up. One aim is to ensure that businesses can access more targeted support that considers their particular needs.
We will publish our Small Business Strategy later this year, setting out how the Government will encourage entrepreneurship across the UK and enable small businesses to grow, empowering entrepreneurs to innovate, export and create new jobs.
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