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PARLIAMENTARY WRITTEN QUESTION
Business: Stockport (12 December 2022)

Question Asked

To ask the Secretary of State for Business, Energy and Industrial Strategy, how many businesses are owned by black and ethnic minority people in Stockport constituency.

Asked by:
Navendu Mishra (Labour)

Answer

The Government does not hold regional information on the proportion of BME-owned businesses in Stockport. Government is aware of the challenges faced by ethnic minority businesses and is taking action to support them. Ministers regularly engage with ethnic minority business leaders and networks to better understand the issues facing them.

We are working with stakeholders to agree interventions to improve access to finance. Since its launch (2012) the Start Up Loans programme has issued around 20% of its loans to Black, Asian, and Ethnic-minority business worth £187,043,936.

We are also delivering actions set out in the Inclusive Britain report (2022), which aim to support ethnic minority entrepreneurs.


Answered by:
Kevin Hollinrake (Conservative)
20 December 2022

Contains Parliamentary information licensed under the Open Parliament Licence v3.0.