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answering dept short name	Business, Energy and Industrial Strategy
max ddp created	2018-09-04T21:21:50.427Z
question first answered	2018-09-12T17:02:25.577Z
max ddp modified	2018-09-12T17:25:08.243Z
answer › answering member constituency	Rochester and Strood
max answer › question first answered	2019-03-04T13:52:23.753Z

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human indexable

published

registered interest

answer date

06/09/2018

date

04/09/2018

date tabled

04/09/2018

ddp created

04/09/2018 21:21:23

answering body

Department for Business, Energy and Industrial Strategy

question status

Tabled

answering dept id

201

answering dept short name

Business, Energy and Industrial Strategy

answering dept sort name

Business, Energy and Industrial Strategy

ddp modified

04/09/2018 21:28:47
12/09/2018 17:34:01

hansard heading

New Businesses: Nottinghamshire

house id

identifier

170444

legislature

25259

	pref label	House of Commons

parliament number

question first answered

12/09/2018 17:02:25

question text

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding was awarded to businesses in Nottinghamshire under the Government-backed start-up loans scheme; and how much of that money has been repaid to date.

session

2017/19

session number

tabling member constituency

Mansfield

tabling member printed

Ben Bradley

title

House of Commons Tabled Parliamentary Question 2017/19 170444

type

WrittenParliamentaryQuestion

uin

170444

version

written parliamentary question type

Ordinary

answer

answer

	answer text	<p>The Industrial Strategy aims to make the UK the best place in the world to start or grow a business. The Start Up Loans programme helps individuals access the necessary finance to start or grow a business in the UK. In addition to receiving a loan, applicants are offered free business support and access to a business mentor for 12 months after receiving funding, thereby enhancing their chances of success. Individuals can borrow between £500 and £25,000 and loan repayment periods are between one and five years.</p><p> </p><p>The Start Up Loans programme is managed by the Start Up Loans Company, a subsidiary of the British Business Bank. At the end of July 2018 the Start Up Loans programme had lent £436m to over 57,000 entrepreneurs.</p><p> </p><p>Since the inception of the programme in 2012, 808 loans have been distributed in Nottinghamshire at a value of £5.4m with repayments of £2.2m to date.</p>

creator

4663

	label	Biography information for Ben Bradley

publisher

25259

	pref label	House of Commons

tabling member

4663

	label	Biography information for Ben Bradley