New Businesses

(asked on 7th May 2025) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps his Department is taking to support the (a) creation and (b) growth of start-ups in (i) Mid Cheshire constituency, (ii) Cheshire and (iii) England.


Answered by
Gareth Thomas Portrait
Gareth Thomas
Parliamentary Under Secretary of State (Department for Business and Trade)
This question was answered on 12th May 2025

We will publish our Small Business Strategy later this year with a clear ambition to promote startups and encourage entrepreneurship, built around the new Business Growth Service.

Start Up Loans are available in Cheshire and across England, helping new and early-stage businesses access affordable finance. Mid Cheshire businesses have benefited from 168 of these loans between 2012 and January 2025.

Existing support offers include Help to Grow: Management - UK, providing practical ways to enhance small business productivity and growth, and the British Business Bank's Northern Powerhouse Investment Fund II delivering a £660 million commitment of new funding to smaller businesses across the North.

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