Local Conservatives are playing their part in order to ensure that more jobs and investment is created in the constituency. One of the ways we are helping to achieve this is by allocating an extra £2 million worth of funding for investment in the Staffordshire Business Loans Support Fund, which helped more than 70 small businesses, consequently saving 300 jobs and creating 120 new jobs over the past three years.
We are working with the Black Country Reinvestment Society (BCRS) to offer loans of £10,000 to £50,000 to small businesses, repayable over a period of four years. We’re also offering small businesses (and entrepreneurs) a new chance to establish themselves through enterprise centres, and are supporting future economies in rural areas by opening a new Rural Academy School. Finally, we’ve also made a bid for extra funding – provided by the government – in order to build additional enterprise zones, upgrading current transport links and improving training and education, all of which will create 30,000 new jobs in the local area.
The Conservative council has been consistently committed to increasing investment for local businesses in Stafford, and to creating new jobs for constituents, especially young people.