Business Advice Rationalised

Easier access to business advice for small firms
Department of Trade and Industry Press Release
21 June 2007
Hotchpotch of business support schemes to be simplified, says DTI

Radically simplifying the number of business support schemes from 3000-plus to well under 100 is at the centre of new proposals to help small business announced by Small Business Minister Margaret Hodge today.

The proposals will address the wide concern among small firms who frequently tell Government they are confused by the array of business support schemes currently available. They are to be worked up closely with business during a 12-week consultation period which will also draw on the views of Regional Development Agencies (RDAs), local authorities, chambers of commerce and others.

The slimdown would mean that, over time, the backroom costs of providing business support - including much-replicated marketing and administration work - would drop, freeing resource to be targeted to help firms more.

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