Supporting SMEs

There were many great moments in the Prime Minister’s speech today – about repairing the economy, fixing education and reforming welfare. But one passage that particularly stood out for me was his praise for small businesses and their owners as ‘national heroes’. I argued on Monday in my keynote speech at the global launch of Entrepreneur Country that we need to make the UK the best place on earth to start a business and am very glad to see the PM championing the cause of SMEs.

I thought I’d share it with you below:
PM on SMEs (Conference 2013)
In a land of opportunity, it’s easier to start your own business.
To all those people who strike out on their own, who sit there night after night...
...checking and double checking whether the numbers stack up...
...I say I have so much respect for you – you are national heroes.
I’ll never forget watching Samantha do just that – winning her first customer, sorting out the cash flow, that magic moment when she got her first business cards printed.
I was incredibly proud of her then – and I am incredibly proud of her now.
People setting up new businesses need finance – that’s why we’ve brought in Start-up Loans.
They need their taxes cut – and we’re doing it – up to £2000 off your National Insurance bill for every small business.
And it’s working.
The Prime Minister’s full speech: click here




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