Micro Firms

Start-ups and Micro Firms May Miss Out on Support from Local Enterprise Partnerships

Start-ups and micro businesses may not get the support they need under the Government’s new business support network, the National Federation of Enterprise Agencies (NFEA) has warned. The NFEA has highlighted its concerns in a new report Putting the ‘E’ into LEPs (PDF) which states that start-ups and micro firms may miss out when the Regional Development Agencies (RDAs) and Business Links are replaced with Local Enterprise Partnerships (LEPs). It says that the plans for LEPs have so far focused more on their other functions, such as infrastructure, rather than their enterprise role. “We’re concerned that firms with less than ten employees and start-ups in particular won’t get enough support, as they are the businesses that currently benefit from the local Business Link advice service... »