12 March 2008

Enterprise: unlocking the UK's talent

The Enterprise Strategy sets out how the Government will encourage further business start up and growth. Focusing on small and medium sized businesses the strategy outlines a new framework for Government action and details five enablers of Enterprise (Culture, Knowledge and Skills, Finance, Innovation and Regulatory framework). Highlights include:

  • Improving access to finance for SME's
  • A consultation on the introduction of regulatory budgets, which would cap the new annually recurring cost of regulation for business, including whether to pilot this approach on SME's or a particular sector;
  • Increased focus in minimising the impact of regulation on SME's
  • Independent review of regulatory guidance
  • Further development of enterprise education on secondary schools and extension of it, where possible, into primary and further education (underpinned by a £210 million funding package, as agreed at the 2007 CSR); and
  • Establishment of a National Enterprise Academy (NEA)

Enterprise: unlocking the UK's talent is available in Adobe Acrobat Portable Document Format (PDF). If you do not have Adobe Acrobat installed on your computer you can download the software free of charge from the Adobe website. For alternative ways to read PDF documents and further information on website accessibility visit the HM Treasury accessibility page.

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