Small Businesses

(asked on 5th February 2024) - View Source

Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, what steps her Department is taking to help support the development of new small businesses.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 12th February 2024

The Government reaffirmed its commitment to all the UK’s 5.5 million small businesses with the creation of a new Small Business Council. The Council builds on the Department’s existing support for SMEs and will provide a bespoke forum for small businesses to have their voices represented within Government.

The Help to Grow website is a one-stop shop for small businesses to clearly identify what funding they can access, webinars as well as the basics of setting up a business.

Businesses can still access government-backed financial support from the Start Up Loans Company, which provides loans and support to new entrepreneurs.

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