Mark Pawsey MP spoke in the House of Commons yesterday to welcome new figures showing how the Government’s Start-Up Loans Scheme has helped local entrepreneurs in Rugby set up their own business. Across the country 10,000 Start-Up Loans have now been awarded, worth a total of £50 million.
Mark raised the success of the scheme in the House of Commons, telling the Minister for Skills and Enterprise:
“As someone who started and ran a small business, I know about the challenges that are faced by people who want to run their own business, particularly in accessing finance. I was pleased to join the start-up bus when it visited Rugby. Does the Minister agree that the start-up loans scheme shows that the Government are providing real help to small emerging businesses, unlike the Labour party, which took advice on business and industry from the man who managed the decline of the Co-op bank?”
The Minister agreed, and hailed the work of Rugby’s MP to support entrepreneurs:
“My hon. Friend makes an important point. It is surprising to see the Labour Benches almost entirely empty when the House should be uniting in support of the excellent start-up loans scheme. I pay tribute to my hon. Friend, who started his own business and who does much in this House to promote those who start their own businesses.”
Commenting afterwards, Mark said:
“The Start-Up Loans scheme has boosted boosts the economy and made thousands of entrepreneurs’ dreams into reality. As someone who ran a small business for 25 years, I want to work hard for those seeking to do that same, and I am delighted that this Government has done so much to support them. Today’s figures show that Start-Up Loans are ensuring that the potential and ideas of Rugby’s entrepreneurs are fulfilled.”