Craig Tracey – 2016 Parliamentary Question to the Scotland Office

The below Parliamentary question was asked by Craig Tracey on 2016-09-15.

To ask the Secretary of State for Scotland, what steps the Government is taking to support businesses in Scotland.

Jesse Norman

The British Business Bank currently facilitates around £300m of finance in Scotland. Around £10m of Start-Up Loans have been provided to over 2,000 Scottish businesses, and £290m is helping a further 2,000 businesses to grow through other Bank programmes. In 2015/16, Innovate UK committed to invest £58.3m in 291 innovation projects in Scotland.