PARLIAMENTARY WRITTEN QUESTION
Business: Equality (1 December 2022)

To ask the Secretary of State for Business, Energy and Industrial Strategy, what discussions he has had with (a) the Minister for Women and Equalities and (b) Cabinet colleagues on improving (i) access to entrepreneurial career pathways and (ii) business ownership for people with protected characteristics in Wirral South.

Asked by:
Alison McGovern (Labour)

The Government is fully committed to supporting businesses and creating the best conditions for enterprise so that everyone, whatever their background, has the means and know-how to start and grow a business.

We are supporting early-stage entrepreneurs from all backgrounds through the Start-Up Loans Company which provides funding and intensive support to new entrepreneurs. Since 2012, 40% of Start Up Loans have gone to women, worth over £341m and 20% of loans worth 183m have gone to Black, Asian, and Ethnic-minority business. (as at October 2022). 106 SMEs in Wirral South have received loans to the value of £1,014,500 as of October 2022.

Answered by:
Kevin Hollinrake (Conservative)
9 December 2022