NEW BUSINESSES

 

Nicholas Soames: To ask the Secretary of State for Business, Innovation and Skills what steps the Government is taking to encourage the establishment and growth of new small businesses.

Mark Prisk MP; Minister of State (Business and Enterprise): The Government are encouraging the establishment and growth of new small businesses by:

Launching the new Enterprise Allowance to help the unemployed become self-employed;

Revamping the:
www.businesslink.gov.uk
website which will include a dedicated "start-up hub" bringing into one place the information that people need when thinking of starting or are running a new business;

Establishing a network of at least 40,000 experienced business mentors offering practical advice to existing businesses and people who want to start a business;

Encouraging local authorities to work with the private sector to create Local Economic Partnerships (LEPs) to create the right conditions for small firms to grow;

Refocusing the range of Solutions for Business products so that they are better focussed on helping firms grow;

Investing over £200 million in a national network of elite Technology and Innovation Centres to support the development and commercialisation of new technologies by UK businesses; and

Establishing a new Business Coaching for Growth Programme to enable those new small businesses with high growth potential to realise their potential.

DISSOLUTION OF PARLIAMENT

Parliament has been dissolved until after the General Election on 12th December and there are now no MPs. This website is for reference of my work when I was a Member of Parliament.

I am not seeking re-election.