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Assembly to investigate new business support

February 16, 2009 by Martin Hoscik

The London Assembly has launched an investigation into support and advice available to new businesses in the capital. The body says  new businesses have an important role to play in London’s economic recovery, replacing those which have failed because of the recession.

The investigation will be carried out by the Assembly’s Economic Development, Culture, Sport and Tourism Committee (EDCST), which is chaired by Liberal Democrat Assembly Member Dee Doocey AM.

Doocey commented: “The capital’s economic recovery not only depends on helping existing small businesses survive, but on encouraging and supporting Londoners, who in some cases may have lost their usual employment as a result of the recession, who want to start their own business.”

The investigation will draw on written evidence from organisations and formal hearings as well as input from Londoners themselves.

The Committee would like to hear from Londoners who are thinking of starting their own business or who have experience of business support services.

Last week the London Development Agency reported that calls to the Business Link support service were up by over 70% on the previous year in December.

If you wish to share your views with the Committee please email: startup@london.gov.uk.

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