Entrepreneurs ‘need more aid’

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THE Government is being urged to extend its New Enterprise Allowance programme to encourage more business start-ups.

The call is from the Yorkshire Enterprise Club, launched by the Federation of Small Businesses to encourage entrepreneurs.

New Enterprise Allowance rules allow jobless entrepreneurs to apply for funding of £1,274 and a guaranteed loan of up to £1,000 after they have been claiming Jobseekers Allowance for six months.

The club wants the allowance to be available as soon as someone signs on for Jobseekers Allowance, for £3,692 to be available for a full year and the loan to be £2,000.

Club chairman Gordon Millward said: “With small business confidence only just above zero, the Government needs to be bold.”