PARLIAMENTARY WRITTEN QUESTION
New Enterprise Allowance (20 June 2014)

To ask the Secretary of State for Work and Pensions, how many start up loans have been approved by his Department for participants on the new enterprise allowance scheme in each year since that scheme began.

Asked by:
Sir Stephen Timms (Labour)

Following a trailblazer started in January 2011, New Enterprise Allowance was launched in April 2011 creating 46,000 new businesses between April 2011 and March 2014.

Table 1 Table 2

Year (Jan-Dec)	Number of Loans		Year (Jan-Dec)	Number of Loans
2011	910		2013	158
2012	5,140		2014	1,805
2013	7,711
2014	472

Table 1 shows the number of loans that have been made on behalf of DWP under the New Enterprise Allowance Scheme.

Table 2 shows the number of New Enterprise Allowance Loans that have been made since October 2013 under the Start Up Loans scheme administered by BIS.

Answered by:
Esther McVey (Conservative)
25 June 2014