The UK government New Enterprise Allowance has provided held in launching 4,500 new businesses. New businesses helped by the scheme including a tattoo parlour, tapas restaurant and a dog grooming service.
The scheme has been running since late 2010 and was created in an effort to reduce unemployment numbers while stimulating economic growth. The scheme offers allowance of £65 a week with access to loans worth as much as £1,000, to help with start-up costs.
Employment Minister Chris Grayling said, “With 4,560 businesses up and running, we're already helping to unleash a new wave of entrepreneurs. I want to make the support available sooner so we can help even more people realise their dreams and become their own boss”.