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David Cameron announces new Help To Grow scheme for businesses

The Government is planning to launch a new initiative which will help 500 small businesses to become mid market players.

Ths businesses will be supported by the British Business Bank, offering them access to loans and match funding with private investment.

David Cameron commented, “I want Britain to have its own version of Germany’s Mittelstand, a backbone of medium-sized firms which export, innovate, generate new jobs," during his announcement this week. He added, “Help To Grow will help these firms walk safely through the valley of death..”

Source: The Telegraph