SBS Unveils Ј75m Boost to Help Baby Businesses Grow

Applications invited for new England-wide Incubator Fund

Budding entrepreneurs looking to take their first steps in the business world are to benefit from a new Ј75m fund launched today by Small Business Service.

Decline in New Business Start-Ups

83,570 new businesses were started in England and Wales during the second quarter of 2001 – 16% down on this time last year, according to Barclays. This is the lowest figure recorded since the equivalent quarter in 1992 (76,760).

Davenham to Seek London Listing

Davenham Group plc, the niche provider of asset-based specialised finance solutions to the UK small and medium-sized enterprise (SME) market, plans to seek a listing on the London Stock Exchange during October.