Written question asked by Seema Malhotra (Labour) on Wednesday, 20 July 2022, in the House of Commons. It was due for an answer on Monday, 5 September 2022. It was answered by Jane Hunt (Conservative) on Tuesday, 6 September 2022 on behalf of the Department for Business, Energy and Industrial Strategy.
Small Businesses: Government Assistance
- Question
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To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent steps he has taken to support growth for SMEs in levels of (a) production, (b) profit and (c) employment.
- Answer
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Our Help to Grow schemes will help UK small businesses boost productivity and profits. Help to Grow Digital provides financial discounts of up to 50% on approved digital technologies up to £5000 and Help to Grow Management will boost leadership and management skills.
Businesses can get the finance they need through Start-Up loans, and the recent extension to the Recovery Loan Scheme, will help businesses to access loans of up to £2million so businesses can grow and invest.
As a result of government action, there are now more employees on payroll than ever, and we will continue to build a high skilled, high productivity, high wage economy.
Secondary information
- Type
- Written question
- Reference
- 40785
- Session
- 2022-23
- Subjects
- Employment Government assistance Profits Production Small businesses
- Link
- View this Written question on www.parliament.uk
Librarians' tools
- Timestamp
- 2022-09-06 16:14:29 +0100
- URI
- http://data.parliament.uk/writtenparliamentaryquestion/commons/2022-23/40785
- In Indexing
- http://indexing.parliament.uk/Content/Edit/1?uri=http://data.parliament.uk/writtenparliamentaryquestion/commons/2022-23/40785
- In Solr
- https://search.parliament.uk/claw/solr/?id=http://data.parliament.uk/writtenparliamentaryquestion/commons/2022-23/40785