Business: Equality

(asked on 30th November 2022) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, whether he has had recent discussions with the Minister for Women and Equalities on taking steps to improve accessibility to entrepreneurship and business ownership for people with protected characteristics in Sefton Central constituency.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 5th December 2022

The Government is fully committed to supporting businesses and creating the best conditions for enterprise so that everyone, whatever their background, has the means and know-how to start and grow a business.

We are supporting early-stage entrepreneurs from all backgrounds through the Start-Up Loans Company which provides funding and intensive support to new entrepreneurs. Since 2012, 40% of Start Up Loans have gone to women, worth over £341m and 20% of loans worth 183m have gone to Black, Asian, and Ethnic-minority business (as at October 2022). One hundred and sixty SMEs in Sefton Central have received loans to the value of £1,688,512 as of October 2022.

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