DAVID CAMERON: LAYING OUT THE RED CARPET FOR SMALL BUSINESSES
As part of a regional tour in the North West today, the Prime Minister David Cameron set out plans to boost growth in all regions of the country and encourage local businesses and entrepreneurs to bid for money from the Government’s flagship £1.4 billion Regional Growth Fund.
Speaking in Manchester, David Cameron said:
“Getting behind tourism, green energy, pharmaceuticals, advanced manufacturing, aerospace, the industries of the future – all this is crucial.
“But it would be a big mistake if we stopped at those big ticket industries. Because if you look at where growth has come from in recent years, you see that it’s the small, innovative companies that hold a lot of the potential.
“Over and over again studies show that around one in 20 companies – the small, high-growth firms – are responsible for half of new job creation. So far from ignoring the start-ups and the small players, we’re laying out the red carpet for them.”
Click here to read David Cameron’s full speech.