Jeremy Lefroy – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Jeremy Lefroy on 2016-05-24.

To ask the Secretary of State for Business, Innovation and Skills, what steps his Department is taking to support businesses in Stafford constituency.

Anna Soubry

The Government is working to make the UK the best place to start and grow a business by supporting businesses across the country. In Stafford, 42 Government backed Start-Up Loans have been drawn down since September 2012 with a value of over £218,000. A Regional Growth Fund award of £4m made in 2011 has attracted private investment of £56.5 million, delivering 1,600 jobs. Since May 2010, 26 loans have been drawn down in Stafford, worth over £2.6 million, from the Enterprise Finance Guarantee scheme. Businesses in Stafford also have access to the Stoke-on-Trent & Staffordshire Growth Hub which was live from September 2014, which is one of a network of 39 Growth Hubs set up across England.