Oral Answers to Questions

Debate between Fiona Bruce and Mark Prisk

Thursday 15th March 2012 Commons Chamber

[Fiona Bruce (Congleton) (Con)]

T4. There are almost 4,000 small businesses in my constituency, in towns such as Alsager, Congleton, Sandbach and Middlewich, and many of them are micro-businesses. What are the Government doing to support micro-businesses and to enable them, when they want to, to develop and grow?

[The Minister of State, Department for Business, Innovation and Skills (Mr Mark Prisk)]

Alongside helping with things such as bank lending and the new equity schemes, I would point most obviously to the business angel co-investment fund, which is crucial to plug that equity gap for micro-businesses—not the larger equity businesses but the ones looking for funding of between £200,000 and £2 million. It is a £50 million package, and I commend it to my hon. Friend.

Oral Answers to Questions

Debate between Fiona Bruce and Mark Prisk

Thursday 17th February 2011 Commons Chamber

[Fiona Bruce (Congleton) (Con)]

7. What recent progress he has made in establishing local enterprise partnerships.

[The Minister of State, Department for Business, Innovation and Skills (Mr Mark Prisk)]

I am pleased to say that we are making good progress with regard to local enterprise partnerships. Indeed, I can announce today that we have cleared the London enterprise partnership. That brings us to a total of 31, covering 87% of England's population.

[Mr Prisk]

As the hon. Lady knows and we have discussed, Dorset has the challenge that Poole and Bournemouth face eastwards economically but the rest of the county does not. So we have worked with local partners, and offered them an opportunity: once they have decided, they will come back to us and we will help to ensure that they progress with their enterprise partnership as quickly as possible.

[Fiona Bruce]

Can the Minister advise on the timings of the announcements of the agreement of new LEPs? How is he guaranteeing private sector leadership for LEPs?

Oral Answers to Questions

Debate between Fiona Bruce and Mark Prisk

Thursday 13th January 2011 Commons Chamber

[Fiona Bruce (Congleton) (Con)]

We have heard today about some excellent initiatives involving skills training, apprenticeships and mentoring for business. What concerns me is that many owners and managers of small and medium-sized enterprises spend their days with their heads down, concentrating on their businesses. What we need to do is communicate the opportunities to them. What can the Minister do to reassure me that the 4,000 SME owners in my constituency will hear about those initiatives?

[Mr Prisk]

Not only have we put the information online, but we are working through the excellent trade bodies representing small businesses to feed it out to them. I urge Members, when talking to members of the small business community, to tell them what is being done to help their businesses to grow and prosper. That is the job that we need to do, and I hope that Members will support us in the task.