Small Businesses

(asked on 9th February 2015) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, what recent support he has provided to small businesses.


Answered by
Matt Hancock Portrait
Matt Hancock
This question was answered on 12th February 2015

The GREATbusiness website (http://www.greatbusiness.gov.uk) brings together expert advice for business in one place and the new Business Growth Service provides joined-up support to firms with growth potential. The British Business Bank has facilitated a total of £1.52 billion of new lending and investment in the year to December 2014, to over 22,000 smaller businesses. Over 25,000 start-up loans have been drawn, totalling over £130 million. And 48,000 businesses have been helped by our UK Trade and Investment support – 90% were small businesses.

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