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Support for small business
Standard Note: Last updated: Author: Section SN/BT/2992 13 July 2012 Marguerite Page Business & Transport Section
Government policy on support for small business has been evolving in the current economic downturn. This note covers existing arrangements and schemes introduced under the previous administration.
Contents
1 2 3 4 Business Link and other websites Current arrangements Current government policy on access to finance Schemes initiated by the previous government 4.1 Budget, March 2010 4.2 Pre-Budget Report 2009 4.3 Budget, April 2009 4.4 Announcements in January 2009 4.5 Pre Budget Report, November 2008 4.6 Announcements in October 2008 4.7 Budget, March 2008 5 6 7 Business Support Simplification Other developments Conservative policy prior to May 2010 2 2 3 5 5 7 8 8 9 10 10 10 12 12
This information is provided to Members of Parliament in support of their parliamentary duties and is not intended to address the specific circumstances of any particular individual. It should not be relied upon as being up to date; the law or policies may have changed since it was last updated; and it should not be relied upon as legal or professional advice or as a substitute for it. A suitably qualified professional should be consulted if specific advice or information is required. This information is provided subject to our general terms and conditions which are available online or may be provided on request in hard copy. Authors are available to discuss the content of this briefing with Members and their staff, but not with the general public.
1
Business Link and other websites
The most widely used source of advice for small businesses is the Business Link website. 1 The site includes listings of organisations providing advice to SMEs, and a search engine for businesses interested in attracting national or regional government assistance. 2 There is a search tool intended to help business ascertain...
Standard Note: Last updated: Author: Section SN/BT/2992 13 July 2012 Marguerite Page Business & Transport Section
Government policy on support for small business has been evolving in the current economic downturn. This note covers existing arrangements and schemes introduced under the previous administration.
Contents
1 2 3 4 Business Link and other websites Current arrangements Current government policy on access to finance Schemes initiated by the previous government 4.1 Budget, March 2010 4.2 Pre-Budget Report 2009 4.3 Budget, April 2009 4.4 Announcements in January 2009 4.5 Pre Budget Report, November 2008 4.6 Announcements in October 2008 4.7 Budget, March 2008 5 6 7 Business Support Simplification Other developments Conservative policy prior to May 2010 2 2 3 5 5 7 8 8 9 10 10 10 12 12
This information is provided to Members of Parliament in support of their parliamentary duties and is not intended to address the specific circumstances of any particular individual. It should not be relied upon as being up to date; the law or policies may have changed since it was last updated; and it should not be relied upon as legal or professional advice or as a substitute for it. A suitably qualified professional should be consulted if specific advice or information is required. This information is provided subject to our general terms and conditions which are available online or may be provided on request in hard copy. Authors are available to discuss the content of this briefing with Members and their staff, but not with the general public.
1
Business Link and other websites
The most widely used source of advice for small businesses is the Business Link website. 1 The site includes listings of organisations providing advice to SMEs, and a search engine for businesses interested in attracting national or regional government assistance. 2 There is a search tool intended to help business ascertain...