London’s offer to small businesses

Questions to the Mayor of London – answered on 7th June 2021.

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Photo of Marina Ahmad Marina Ahmad Labour

It was welcome to see your manifesto pledged to develop London’s offer to SMEs and the self-employed, creating the most advanced and integrated business support offer that London has seen, with a range of programmes helping start-ups and scale-ups across the key sectors of our economy. Given the amount of support required to help businesses recover from the pandemic, do you have a timeline for this work yet?

Photo of Sadiq Khan Sadiq Khan Mayor of London

The work to help support these businesses is well underway, with all existing business support programmes pivoting to meet the impacts of the pandemic on London’s SMEs. This includes a property advice service, a panel of Brexit expert advisers, a programme to support business leaders through recovery, a series of peer networks, one-to-one advice and a programme of online events. Growing businesses can also access support from my International Business Programme, which is delivering virtual trade missions, and the Business Growth programme managed by London & Partners.

Later this year my London Business Hub will be launching new programmes to support new businesses emerging from the post-pandemic economy, targeted support for sectors more adversely affected by the pandemic and activity to help SMEs access supply chain opportunities within the public and private sectors.

I will also be undertaking a review of existing business support activity across London this year. I’ll work with boroughs and other partners to further transform small business support across the Capital. The purpose of this is to provide a single front door so business owners and aspiring entrepreneurs can easily access the right advice and support. This will further increase the quality of our support activity to provide a more efficient and effective service to our business community.