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."

Follow us on Facebook and Twitter

Professional & Support Services News
Share Article

Grimsby News

Here's what the UK's largest offshore wind farm hub will look like - on Grimsby's Royal Dock

Hull & East Riding News

Offshore Wind Connections 2018 is open for business as it checks in to new Hull venue

Scunthorpe News

British Steel boss calls for quick Government support as he addresses national conference

Your News

Would you want your employees working from home? Read more in our Your News special report