Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what funding or loans are available for medium sized businesses needing to make significant investment in a new manufacturing line to meet export demand.

The Government has invested in the creation of 38 Growth Hubs across England, providing small manufacturing businesses with free one-to-one support and advice. The Recovery Loan Scheme helps smaller businesses access loans and other kinds of finance up to £2 million per business group, including growth, investment or working capital.

The Government has made a £1.6bn commitment through the British Business Bank in regions across the UK. In addition, the Government also committed over £150 million for Made Smarter, the UK national industrial digitalisation programme to help UK manufacturers to capitalise on new digital technologies, reduce carbon emissions and drive-up productivity.