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166226
registered interest false more like this
date less than 2014-11-26more like thismore than 2014-11-26
answering body
Department for Business, Innovation and Skills more like this
answering dept id 26 remove filter
answering dept short name Business, Innovation and Skills more like this
answering dept sort name Business, Innovation and Skills more like this
hansard heading Business: Gillingham more like this
house id 1 more like this
legislature
25259
pref label House of Commons more like this
question text To ask the Secretary of State for Business, Innovation and Skills, what steps his Department has taken to increase the level of access to credit to businesses in Gillingham and Rainham constituency in the last 12 months. more like this
tabling member constituency Gillingham and Rainham more like this
tabling member printed
Rehman Chishti remove filter
uin 216025 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2014-12-01more like thismore than 2014-12-01
answer text <p>Small businesses are vital to our economy and our small business owners have driven this economic recovery. The Gillingham and Rainham constituency has benefitted from a number of support schemes. The Business Bank’s Start-Up Loan programme has already provided 15 loans, with a value of £88,800 to people starting a business in Gillingham and Rainham. And since May 2010, the Enterprise Finance Guarantee Scheme has supported 10 loans in the area with a total value of £1.06m.</p><p> </p><p> </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, including:</p><p> </p><p> </p><p> </p><ul><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></ul><p> </p><p>· The Business Support Helpline is available to provide bespoke information and advice;</p><p> </p><p>· £2,000 cut from the National Insurance bills of small firms from the new Employment Allowance; and</p><p> </p><p>· The Growth Accelerator scheme has supported over 19,800 firms and is on track to create 55,000 jobs and deliver £2.2 billion of economic growth by March 2015.</p><p> </p><p> </p><p> </p>
answering member constituency West Suffolk more like this
answering member printed Matthew Hancock more like this
grouped question UIN 216026 more like this
question first answered
less than 2014-12-01T14:26:08.3Zmore like thismore than 2014-12-01T14:26:08.3Z
answering member
4070
label Biography information for Matt Hancock more like this
tabling member
3987
label Biography information for Rehman Chishti more like this