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<p>Small businesses are vital to our economy and our small business owners have driven
this economic recovery. The Clacton constituency has benefitted from a number of support
schemes. The Business Bank’s Start-Up Loan programme has already provided 26 loans,
with a value of £99,230 to people starting a business in Clacton. And since May 2010,
the Enterprise Finance Guarantee Scheme has supported 14 loans in the area with a
total value of £1.8m.</p><p> </p><p><strong> </strong></p><p> </p><p>We are committed
to making Britain the best place in the world to start and grow a business, and are
doing this in a number of ways:</p><p> </p><p> </p><p> </p><ul><li>A more stable economic
environment.</li><li>£10 billion of financing will be unlocked for smaller business
over the next 5 years by our British Business Bank;</li><li>Government grants of up
to £3,000 for better internet connectivity are available to small businesses;</li><li>The
Business Support Helpline is available to provide bespoke information and advice;</li><li>Cuts
to corporation tax from 28% to 21%; and</li><li>£2,000 cut from the National Insurance
bills of small firms from the new Employment Allowance.</li></ul><p> </p><p> </p><p>
</p><p><strong> </strong></p><p> </p>
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