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Written Question
New Businesses
Tuesday 18th July 2023

Asked by: Luke Pollard (Labour (Co-op) - Plymouth Sutton and Devonport)

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 (a) promote and (b) support aspiring entrepreneurs in (i) Plymouth and (ii) the UK.

Answered by Kevin Hollinrake - Shadow Minister without Portfolio

The Government continues to support small businesses and entrepreneurs through a range of ways including:

  • Start Up Loans which provide early-stage entrepreneurs with funding and intensive support including a year of free business mentoring for new entrepreneurs.
  • Provision of information, advice and guidance through the Business Support Helpline, Growth Hubs and the Help to Grow campaign website - a digital one-stop shop set up to help businesses find the support they need to start, scale and grow.

Over 200 businesses have taken up Start Up Loans in Plymouth.