Small Businesses: South West

(asked on 21st November 2023) - 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 support and encourage small businesses in (a) Bournemouth East constituency and (b) the South West.


Answered by
Kevin Hollinrake Portrait
Kevin Hollinrake
Minister of State (Department for Business and Trade)
This question was answered on 27th November 2023

The Department supports small businesses in the South-West through Help to Grow: Management, the Business Support Helpline and Growth Hubs.

The Dorset Growth Hub supports small businesses in Bournemouth East through services such as bid-writing support and a business innovation programme.

The Start Up Loans Company, part of the Government-owned British Business Bank, is also supporting regional businesses. As of October 2023, 12 SMEs in Bournemouth East have received start up loans to the value of £150,200, and 493 SMEs in the South-West have received start up loans to the value of £6,270,084.

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