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1135769
star this property registered interest false more like this
star this property date less than 2019-07-01more like thismore than 2019-07-01
star this property answering body
Department for Business, Energy and Industrial Strategy more like this
star this property answering dept id 201 more like this
star this property answering dept short name Business, Energy and Industrial Strategy more like this
star this property answering dept sort name Business, Energy and Industrial Strategy more like this
star this property hansard heading New Businesses: Internet remove filter
unstar this property house id 1 more like this
star this property legislature
25259
star this property pref label House of Commons more like this
star this property question text To ask the Secretary of State for Business, Energy and Industrial Strategy, what support his Department provides for young people who want to set up an online retail business. more like this
star this property tabling member constituency Strangford more like this
star this property tabling member printed
Jim Shannon more like this
star this property uin 271451 more like this
star this property answer
answer
star this property is ministerial correction false more like this
star this property date of answer remove filter
star this property answer text <p>As outlined in our Digital Strategy and Charter, our ambition is to ensure the UK is the best place in the world to start and grow a digital business.</p><p>Support is in place to help small, early stage companies raise equity finance through the Seed Enterprise Investment Scheme, which offers tax reliefs to individual investors who purchase new shares in those companies. It complements the Enterprise Investment Scheme, which offers tax reliefs to investors in high risk and growing companies. The Seed Enterprise Investment Scheme is intended to recognise the particular difficulties which very early stage companies face in attracting investment, by offering tax relief at a higher rate.</p><p>Tech Nation, which receives grant funding from DCMS, provides a range of resources to support the growth of digital businesses in the UK. This includes a Digital Business Academy that provides free online courses on starting and growing a digital business.</p><p>The Start Up Loans Company, a subsidiary of the British Business Bank, delivers the Government’s Start Up Loans programme providing finance and support for businesses who struggle to access other forms of finance.</p><p>Online support is available for young people to start a digital business and apply for financing at the following websites:</p><p><a href="https://www.gov.uk/business-support-helpline" target="_blank">https://www.gov.uk/business-support-helpline</a></p><p><a href="https://www.nibusinessinfo.co.uk/start" target="_blank">https://www.nibusinessinfo.co.uk/start</a></p><p><a href="https://technation.io/resources/digital-business-academy/" target="_blank">https://technation.io/resources/digital-business-academy/</a></p><p><a href="https://www.startuploans.co.uk/about-start-up-loans-company/" target="_blank">https://www.startuploans.co.uk/about-start-up-loans-company/</a></p>
star this property answering member constituency Rochester and Strood remove filter
star this property answering member printed Kelly Tolhurst more like this
star this property question first answered
less than 2019-07-09T14:53:41.17Zmore like thismore than 2019-07-09T14:53:41.17Z
star this property answering member
4487
star this property label Biography information for Kelly Tolhurst more like this
star this property tabling member
4131
unstar this property label Biography information for Jim Shannon more like this