The Department has no plans to offer business loans to social security claimants who have a viable business plan for self employment. This type of facility would fall within the remit of the Department for Business, Energy, and Industrial Strategy, who already provide Start-Up loans for new businesses. DWP provides support to benefit claimants through the New Enterprise Allowance, which has supported over 113,000 people to start their own business between April 2011 and December 2017.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4014", "label" : {"_value" : "Biography information for Sir Alok Sharma"} } , "answeringMemberConstituency" : {"_value" : "Reading West"} , "answeringMemberPrinted" : {"_value" : "Alok Sharma"} , "dateOfAnswer" : {"_value" : "2018-09-18", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2018-09-18T15:35:29.287Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "29"} , "answeringDeptShortName" : {"_value" : "Work and Pensions"} , "answeringDeptSortName" : {"_value" : "Work and Pensions"} , "date" : {"_value" : "2018-09-10", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "New Businesses: Loans"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Work and Pensions, if his Department will introduce small business loans for social security claiments who have a viable business plan for self employment.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/3973", "label" : {"_value" : "Biography information for Grahame Morris"} } , "tablingMemberConstituency" : {"_value" : "Easington"} , "tablingMemberPrinted" : [{"_value" : "Grahame Morris"} ], "uin" : "172596"} , {"_about" : "http://data.parliament.uk/resources/601906", "AnsweringBody" : [{"_value" : "HM Treasury"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/601906/answer", "answerText" : {"_value" : "
As set out by the Chancellor, the Treasury will guarantee funding for structural and investment fund projects and funding secured through direct bids to the European Commission, even after the UK leaves the EU. This is where the funding provides strong value for money and is in line with domestic strategic priorities. These include projects signed after Autumn Statement and before we leave the EU.<\/p>
<\/p>
Alongside this funding, the Start-Up loan programme, funded by the UK government and overseen by the British Business Bank (BBB), has supported over 39,500 entrepreneurs to set up their own business and facilitated loans of over £230m.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/1529", "label" : {"_value" : "Biography information for Mr David Gauke"} } , "answeringMemberConstituency" : {"_value" : "South West Hertfordshire"} , "answeringMemberPrinted" : {"_value" : "Mr David Gauke"} , "dateOfAnswer" : {"_value" : "2016-10-24", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2016-10-24T13:11:55.13Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "14"} , "answeringDeptShortName" : {"_value" : "Treasury"} , "answeringDeptSortName" : {"_value" : "CaTreasury"} , "date" : {"_value" : "2016-10-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "New Businesses: Loans"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Mr Chancellor of the Exchequer, whether he plans to substitute funding to start-up loan schemes previously funded completely or partly by EU programmes after the UK leaves the EU.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/1582", "label" : {"_value" : "Biography information for Grant Shapps"} } , "tablingMemberConstituency" : {"_value" : "Welwyn Hatfield"} , "tablingMemberPrinted" : [{"_value" : "Grant Shapps"} ], "uin" : "48725"} , {"_about" : "http://data.parliament.uk/resources/574201", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/574201/answer", "answerText" : {"_value" : "
The Start Up Loans Company assess applications based on a range of factors including business viability and affordability. If an application does not meet the lending criteria an applicant will be signposted to a number of credit reference agencies to obtain a copy of their credit report. Additionally, they will be signposted to other lending organisations and charities that may be able to help them.<\/p>
<\/p>
There are also other Government supported schemes to help people who want to set up and grow a business. The 39 Growth Hubs across England provide support to help businesses start-up and grow with the Business Support Helpline also providing information and guidance. In addition, individuals and small businesses can access the British Business Bank\u2019s Business Finance Guide, which aims to ensure individuals understand the finance options available to them.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4115", "label" : {"_value" : "Biography information for Margot James"} } , "answeringMemberConstituency" : {"_value" : "Stourbridge"} , "answeringMemberPrinted" : {"_value" : "Margot James"} , "dateOfAnswer" : {"_value" : "2016-09-08", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "previousAnswerVersion" : {"_about" : "http://data.parliament.uk/resources/574201/answer/previousversion/9644", "answeringMember" : {"_about" : "http://data.parliament.uk/members/4115", "label" : {"_value" : "Biography information for Margot James"} } , "answeringMemberConstituency" : {"_value" : "Stourbridge"} , "answeringMemberPrinted" : {"_value" : "Margot James"} } , "questionFirstAnswered" : [{"_value" : "2016-09-08T16:39:29.087Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2016-09-02", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "New Businesses: Loans"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, whether his Department provide any alternative support for people who have been refused a Start-up loan due to their credit score.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4572", "label" : {"_value" : "Biography information for Chris Elmore"} } , "tablingMemberConstituency" : {"_value" : "Ogmore"} , "tablingMemberPrinted" : [{"_value" : "Chris Elmore"} ], "uin" : "44747"} , {"_about" : "http://data.parliament.uk/resources/574218", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/574218/answer", "answerText" : {"_value" : "