The government’s New Enterprise Allowance is helping hundreds of businesses across the UK get off the ground and employment minister Chris Grayling is therefore keen to see the project extended.
Since its launch in April last year, the programme has helped 4,560 individuals to realise their dream of becoming their own boss and having their own business, figures from the Department for Work and Pensions have revealed.
As a result of these positive results, Westminster is now considering whether to offer mentoring support to individuals who have been on jobseekers’ allowance for more than three months in a bid to get more Brits to start their own companies.
Minister Grayling said: “I’m delighted that hundreds of businesses are setting up every week thanks to our New Enterprise Allowance. Even in tough economic times there are opportunities out there and we’re ready to back those who have an idea that can work and the can-do attitude to make it a success.
“With 4,560 businesses up and running we’re already helping to unleash a new wave of entrepreneurs.” Read more Published by Tim Hill
The Federation of Small Business are promoting a campaign this year – “Real Life Entrepreneurs” and we would like to hear from anyone who has a story about setting up business this year. Let us know what you think.
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