Linked Data API

Show Search Form

Search Results

943874
registered interest false more like this
date less than 2018-07-18more like thismore than 2018-07-18
answering body
Department for Business, Energy and Industrial Strategy more like this
answering dept id 201 more like this
answering dept short name Business, Energy and Industrial Strategy more like this
answering dept sort name Business, Energy and Industrial Strategy more like this
hansard heading Small Businesses: Nottinghamshire remove filter
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, Energy and Industrial Strategy, how many small and medium-sized businesses in Nottinghamshire have received support under each business support scheme operated by his Department since 2015. more like this
tabling member constituency Mansfield more like this
tabling member printed
Ben Bradley remove filter
uin 165703 more like this
answer
answer
is ministerial correction false more like this
date of answer less than 2018-08-06more like thismore than 2018-08-06
answer text <p>We want the UK to be the best place to start or grow a business and we are supporting SMEs to do so. As part of the Industrial Strategy we have an action plan to unlock over £20bn of investment in innovative and high potential businesses. As part of this, British Patient Capital – a wholly-owned commercial subsidiary of the British Business Bank – has been given resources of £2.5bn and will deliver a new programme designed to support UK businesses with high growth potential to access the long-term financing they need to scale up.</p><p> </p><p>We have also created a network of 38 Growth Hubs across England, and we are tackling late payments by appointing a Small Business Commissioner.</p><p> </p><p>Growth Hubs are a single point of contact providing SMEs with access to information and advice. The D2N2 Growth Hub - operating in the Derby, Derbyshire, Nottingham and Nottinghamshire area - has had 6,583 interactions with SMEs since its launch in December 2015.</p><p> </p><p> </p><p> </p><p> </p><p> </p><p>SMEs across the UK benefit from programmes operated by the Government-owned British Business Bank (BBB). BBB programmes are currently supporting £575.2m of finance for SMEs in the East Midlands Region, across 3,669 businesses. Also, as of 31 March through the BBB-owned Start-Up Loans programme, 779 loans have been made to individuals in Nottinghamshire, totalling £5.2m.</p><p> </p><p>The Business Support Helpline, Government’s free centralised business advice and support service, has received 432 contacts from the Nottinghamshire area since 2015.</p><p> </p><p>Since 2015/16 nearly 70 SMEs in the Nottinghamshire area have received Innovate UK funding in total and this includes some companies who are in receipt of multiple awards. Innovate UK is the UK’s innovation agency, driving productivity and economic growth by supporting businesses to develop and realise the potential of new ideas.</p><p> </p><p>UK businesses can access core services, information and guidance on starting up and running a business, as well as their statutory rights and obligations, on <strong>GOV.UK</strong> (<a href="https://www.gov.uk/set-up-business" target="_blank">https://www.gov.uk/set-up-business</a>).</p>
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2018-08-06T14:19:09.967Zmore like thismore than 2018-08-06T14:19:09.967Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4663
label Biography information for Ben Bradley more like this