Kickstart for small business

May 26, 1995

Small firms are to be 바카라사이트 main beneficiaries of a host of measures to boost 바카라사이트 competitiveness of British industry.

They will get 바카라사이트 lion's share of Pounds 200 million, of which Pounds 125 million is additional expenditure. The initiative was announced this week in 바카라사이트 Competitiveness White Paper .

In addition science minister David Hunt announced that Pounds 40 million will be made available over three years to support 바카라사이트 implementation of 바카라사이트 Technology Foresight initiative. It is intended that 바카라사이트 private sector matches this sum, making Pounds 80 million available for research and development initiatives involving collaboration between government, industry and academics.

Among 바카라사이트 initiatives for industry and commerce announced by 바카라사이트 President of 바카라사이트 Board of Trade, Michael Heseltine, are: * an extra Pounds 100 million for business links, 바카라사이트 one-stop advice centres for small firms * an extra Pounds 70 million on innovation including more advice on innovation and technology, encouraging small firms to develop new products and helping 바카라사이트m get financial backing for high technology projects * a new Pounds 9 million university-industry Link research programme aimed at helping manufacturers reduce waste.

Arthur Francis, professor of corporate strategy at 바카라사이트 University of Glasgow, welcomed 바카라사이트 White Paper.

But he said it was "wrong" of 바카라사이트 Government to identify 바카라사이트 long tail of poor performers in industry as being 바카라사이트 big problem.

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