Show Search Form

Search Results

registered interest	true false
date	exactly: or between: and
answering body
answering dept id
answering dept short name
answering dept sort name
hansard heading
house id
legislature	pref label
question text
tabling member constituency
tabling member printed
uin
answer	is ministerial correction true false date of answer exactly: or between: and answer text answering member constituency answering member printed question first answered answering member label
tabling member	label

Search

833033

	registered interest
	date	29/01/2018
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Small Businesses: West Midlands
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what support his Department is providing to SMEs in the West Midlands before the UK leaves the EU.
	tabling member constituency	Telford
	tabling member printed	Lucy Allan
	uin	125349
	answer	answer is ministerial correction date of answer 02/02/2018 answer text <p>Our Industrial Strategy aims to make Britain the best place to start and grow a business, and a global draw for the most innovative companies. We are already doing a lot for small and medium sized (SMEs) enterprises in the West Midlands.</p><p>Growth Hubs help simplify the business support landscape, providing joined up access to the full range of local and national support programmes (public and private). Since their launch, the six Growth Hubs in the West Midlands have engaged and supported over 37,500 businesses; delivered over 2,200 intensive assists; and helped over 1,850 individuals to start a business.</p><p>Businesses in the West Midlands can also access national support through GOV.UK and the Business Support Helpline.</p><p>British Business Bank programmes are currently facilitating over £629m to 3,493 businesses in the West Midlands. In addition the Start Up loans programme has issued 4,421 loans to value of over £30m.</p><p>The West Midlands also forms part of the Midlands Engine. A key part of the Government’s strategy for fuelling growth in the region is the £250m Midlands Engine Investment Fund, which aims to transform the finance landscape for smaller businesses in the Midlands, accelerate economic growth and promote job creation. The Fund launched its first wave, £120m of Debt and Small Business funds, in August 2017.</p><p>Alongside this, the Government is working with the European Union to agree a deal on an implementation period and future partnership following the UK’s exit in order to ensure a smooth and orderly transition for businesses. Any additional support provided to small businesses will also be informed by the outcome of these ongoing negotiations.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p><p> </p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 02/02/2018 14:13:18 answering member 3936 label Biography information for Andrew Griffiths
	tabling member	4411 label Biography information for Lucy Allan

833034

	registered interest
	date	29/01/2018
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Small Businesses: Telford
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, how many small and medium-sized enterprises in Telford constituency have received support under each business support scheme operated by his Department since 2010.
	tabling member constituency	Telford
	tabling member printed	Lucy Allan
	uin	125350
	answer	answer is ministerial correction date of answer 02/02/2018 answer text <p>Our Industrial Strategy aims to make Britain the best place to start and grow a business, and a global draw for the most innovative companies. We are already doing a lot for small and medium sized (SMEs) enterprises in Telford.</p><p> </p><p>Over 14,000 businesses have been supported and 239 people have had help to start a new business by The Marches Growth Hub which provides support to local SMEs in the area. Growth Hubs help simplify the business support landscape providing joined up access to the full range of local and national support programmes (public and private).</p><p> </p><p>Since November 2014, British Business Bank programmes have facilitated over £70m to 131 businesses in the constituency of Telford.* This includes 63 Start Up loans at a value of over £420k. Telford constituency is also part of the Midlands Engine. A key part of the Government’s strategy for fuelling growth in the region is the £250m Midlands Engine Investment Fund, which aims to transform the finance landscape for smaller businesses in the Midlands, accelerate economic growth and promote job creation. The Fund launched its first wave, £120m of Debt and Small Business funds, in August 2017.**</p><p> </p><p>Since 2010-11, Innovate UK has also provided over £345,000 of funding to 8 businesses in the Telford constituency so that they can take forward their ideas and make them commercially viable.</p><p> </p><p><em>*British Business Bank received State Aid clearance in November 2014, figures show flow of finance facilitated from November 2014 date to the end of September 2017 only</em></p><p><em>** constituency level data on MEIF is not available</em></p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 02/02/2018 14:57:38 answering member 3936 label Biography information for Andrew Griffiths
	tabling member	4411 label Biography information for Lucy Allan

833038

	registered interest
	date	29/01/2018
	answering body	Department for Business, Energy and Industrial Strategy
	answering dept id	201
	answering dept short name	Business, Energy and Industrial Strategy
	answering dept sort name	Business, Energy and Industrial Strategy
	hansard heading	Business: Telford
	house id	1
	legislature	25259 pref label House of Commons
	question text	To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment he has made of the potential effect on businesses in Telford of the Industrial Strategy.
	tabling member constituency	Telford
	tabling member printed	Lucy Allan
	uin	125354
	answer	answer is ministerial correction date of answer 02/02/2018 answer text <p>Through our Industrial Strategy we are taking action to boost productivity and earning power in businesses across all parts of the UK. We are driving an additional £20bn of investment into high-growth potential businesses over the next 10 years, and committing record levels of investment into infrastructure and R&amp;D across the country.</p><p> </p><p>The Government has supported and invested in the creation of a network of 38 Growth Hubs (one in each Local Enterprise Partnership area), providing businesses across England with tailored advice and support. Businesses in Telford can access support through The Marches Growth Hub which has, since its launch in 2015, worked with over 14,000 businesses and helped 239 individuals to start up a new business. The Government is providing a further £24m of core funding for Growth Hubs over the next 2 years.</p> answering member constituency Burton answering member printed Andrew Griffiths question first answered 02/02/2018 14:58:25 answering member 3936 label Biography information for Andrew Griffiths
	tabling member	4411 label Biography information for Lucy Allan