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registered interest false more like this
date less than 2018-09-04more like thismore than 2018-09-04
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 New Businesses: Nottinghamshire 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, 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. more like this
tabling member constituency Mansfield more like this
tabling member printed
Ben Bradley more like this
uin 170444 remove filter
answer
answer
is ministerial correction false more like this
date of answer less than 2018-09-12more like thismore than 2018-09-12
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> more like this
answering member constituency Rochester and Strood more like this
answering member printed Kelly Tolhurst more like this
question first answered
less than 2018-09-12T17:02:25.577Zmore like thismore than 2018-09-12T17:02:25.577Z
answering member
4487
label Biography information for Kelly Tolhurst more like this
tabling member
4663
label Biography information for Ben Bradley more like this