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Full Debate: Read Full DebateDepartment: Department for Business, Energy and Industrial Strategy
Sharon Hodgson
Main Page: Sharon Hodgson (Labour - Washington and Sunderland West)Department Debates - View all Sharon Hodgson's debates with the Department for Business, Energy and Industrial Strategy
(7 years, 1 month ago)
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Margot James
I can advise my hon. Friend that the Start Up Loans Company has already helped 44,000 small start-ups and will be on hand to support start-ups in his constituency.
Mrs Sharon Hodgson (Washington and Sunderland West) (Lab)
What plans does the Secretary of State have to encourage new innovation support for SMEs in our key foundation industries, which make materials such as glass, ceramics and steel for cars, including those needed for Nissan in my constituency? This could help to create hundreds of jobs in the supply chain that are actually made in Britain.
Joseph Johnson
Support for innovation has received its biggest boost since 1979 in the autumn statement and in the Budget that was just announced. The industrial strategy challenge fund has just seen the first allocation of £270 million, which will help to boost innovation in key areas across the economy.