14 January 2017

Increase in Number of New Business Start-Ups in North-East

SNP MSP for Banffshire & Buchan Coast, Stewart Stevenson has welcomed the positive 10% growth in the number of new business start-ups in Aberdeenshire over the last five years.

The SNP Government’s support for businesses in Scotland has helped create a healthier business climate in Scotland compared to the rest of the UK, which has experienced a 19% decline in the number of start-ups since 2011.

Commenting, Stewart Stevenson MSP said,

“The SNP Government’s efforts to help businesses thrive and boost economic growth are really paying off in the North-east, which has seen an encouraging 10% increase in Aberdeenshire for the number of new start-ups over the last five years.

“Scotland is outperforming the rest of the UK in terms of new start-ups, and many Scottish Government initiatives have helped this growth - including the Small Business Bonus that has already delivered more than £1 billion in savings as well as the £500m Scottish Growth Scheme.

“Finding the finance to start a business is not easy and the £40m SME Holding Fund - established by EU funding at the end of last year - represents a great opportunity for business people seeking to get their ideas off the ground, and is projected to create 2,000 jobs in Scotland.”

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