Ms Diane Abbott – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Ms Diane Abbott on 2014-06-25.

To ask the Secretary of State for Business, Innovation and Skills, how many start-up loans have been granted to businesses in Hackney North and Stoke Newington constituency in each of the last five years.

Matthew Hancock

The Start-Up Loans programme commenced in September 2012, in that year there was 1 loan with a value of £5000 drawn down in Hackney North and Stoke Newington constituency. In 2013 there were 110 loans with a drawn value of £752,465 granted and 2014 to date there have been 53 loans with a drawn value of £259,065 granted.