The Lib Dems are proposing extra support for new small businesses by providing entrepreneurs with a Start Up Allowance worth £2600 after they set up their new business.
In Government Vince Cable and the Lib Dems ensured people who wanted to start a business got loans to help with start-up costs and mentoring support through the £1bn British Business Bank. It was a key Liberal Democrat demand extracted in exchange for the Tories failed Shares For Rights scheme.
Lib Dem leader Tim Farron MP said, “Liberal Democrats believe that if you have a dream you should be supported to fulfil it. Those who take the chance to set out on their own and create a business should be celebrated and supported.
“Lib Dems recognise the courage of those who seek to create something new. While Labour have said they now want to strip Government support for businesses and the Tories focus on giving tax cuts to giant corporations, we want to focus on entrepreneurs and small business seeking to grow.”
Cllr Tim Bishop said, “Local small businesses in Tonbridge and Malling are the lifeblood of our local community. They need and deserve the Government’s help and I support this proposed extra investment for start up businesses in Tonbridge and Malling. It is crucial that we listen to what employers are saying and ensure that everything is being done to support businesses locally as well as understanding the impact on the ground of national issues.”