Business Start-ups

Part of Oral Answers to Questions — Business, Innovation and Skills – in the House of Commons at 9:30 am on 8 November 2012.

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Photo of Matthew Hancock Matthew Hancock The Parliamentary Under-Secretary of State for Business, Innovation and Skills, The Parliamentary Under-Secretary of State for Skills 9:30, 8 November 2012

Absolutely. I too have visited a Peter Jones academy, and they are a brilliant new innovation. The new start-up loans provide finance and support for young entrepreneurs to help them get a start, and we need to do all that we can to support people who want to start up businesses.