NEW POLICIES LAUNCHED FOR BREAKTHROUGH BUSINESSES

The House of Lords hosted the publication of new proposals to boost UK business innovation. The research on business growth opportunities called Backing Breakthrough Businesses by The Entrepreneurs Network has been sponsored by the Rigby Group, a private UK company with a £4 billion pa turnover. The recommendations have been endorsed by Secretary of State for Business and Trade Jonathan Reynolds who is also President of the Board of Trade.

The policy recommendations for economic development add to the Private Business Commission’s initial government report and is informed through consultations with top business leaders across the UK. Attendees included international trade bodies and entrepreneurs who support innovation in all enterprise sectors.

The Entrepreneurs Network APPG supporter Clive Bonny commented “These recommendations will make it easier for business to obtain investment tax relief for equity funding, facilitate R and D tax credits, and encourage more employees into share ownership schemes. This is the result of effective consultations between government policy makers, trade bodies and high growth enterprises who have benchmarked success.”    

Pictured above left to right

Jonathan Reynolds MP and Secretary of State for Business and President of the Board of Trade,

Philip Salter Founder of The Entrepreneurs Network Secretariat, All Party Parliamentary Group for Entrepreneurship,

Clive Bonny MD Strategic Management Partners, entrepreneur and strategic innovation advisor to public and private sectors

To open the report click on Backing Breakthrough Businesses

For more information contact Clive Bonny at  www.consult-smp.com https://www.linkedin.com/in/clive-bonny-2644a16/ tele 07973 799153