One hundred and twenty-one people in Crawley have been helped set up their own businesses by two government schemes.
Crawley MP Henry Smith said Start-Up Loans supported 71 townspeople set up a business since 2012.
The New Enterprise Allowances helped 50 people launch their own firm since 2011.
He said: “These new companies are helping people in Crawley find further employment opportunities.
“Crawley unemployment is down by almost a third over the last year; 414 people in our town have come off Jobseeker’s Allowance since May 2014. Of course there’s more to do – while 30,000 Start-Up Loans have been awarded, the Government is committed to increasing this figure to 75,000.”
Across the country, 30,000 people had benefitted from Start-Up loans, with £155 million lent to assist new businesses.
The New Enterprise Allowance scheme has seen another 70,000 new businesses set up.
This scheme, available to jobseekers, and those claiming Income Support or Employment and Support Allowance, gives those with a feasible business idea support from a business mentor to help them develop their plan, and then assist with funding if the plan is approved.
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