Self-enterprise 'alive and kicking' in North Lincolnshire
By Scunthorpe Telegraph | Posted: 30 Jun 2017
Self-enterprise is alive and kicking in North Lincolnshire - according to the latest figures from the Department for Work and Pensions.
Since April 2011, a total of 390 local people aged over 18 years, who were formerly on the dole, have started up their own business thanks to the New Enterprise Allowance.
Government research has shown more than 20 per cent of successful applicants were disabled and 40 per cent were women.
Would-be entrepreneurs receive financial support for up to six months, access to a business mentor and could qualify for a repayable loan of up to £25,000 to assist with start-up costs.
Employment Minister Damian Hinds said: "As these latest figures show, thousands of people have great business ideas and are taking steps to turn them into a reality.
"The Enterprise Allowance provides the right mix of expert, tailored advice and support to people of all backgrounds which can be invaluable in ten early days of starting a business."