The Liberal Democrats would give a “start-up allowance’ to help budding entrepreneurs with living costs in the first six months of setting up their business.
The policy looks to build upon the success of the start-up allowance scheme, which was introduced under Lib Dem Business Secretary of State Vince Cable in Coalition. Almost a third of all entrepreneurs under this scheme were from ethnic minorities, figures show.
The party is making a bold pitch to be the party of business with Tim Farron the only major party leader committed to Britain’s membership of the single market. Tim will launch the party’s business policy at the Liberal Democrat Entrepreneurs Network event on Tuesday night.
