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Cameron back business start-ups

Published On 13 April 2007 at 12:21:25

The Conservative leader has set out his stall as a man who will pay attention to the needs of the UK's small and medium-sized enterprises (SMEs), by endorsing a scheme to provide start-up funding to entrepreneurs.

Recently, David Cameron angered SME owners when he cancelled an engagement to speak at the Confederation of British Industry's conference at the last minute.

Bosses feared that Mr Cameron could be planning to move the Conservatives away from their traditional focus on business.

However, Mr Cameron acted to allay these fears by publicly backing an initiative designed to provide financial aid to new business ideas.

Speaking at the launch of the Bright Ideas Trust in London, Mr Cameron said: "You are beginning something great - lighting the fuse to an explosion of enterprise and creativity that will benefit our country in the next generation.

"There is a new spirit of creativity in our country. We politicians need to match this with a new spirit of our own - tearing down the barriers which stop people founding businesses of their own."

The new trust aims to secure £1 million of funding so that it can help fund 365 new companies.

 

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