London Mayor Turns Attention To Entrepreneurs
14th December 2017.
London Mayor Sadiq Khan has announced his plan for an inclusive London economy, putting a much-welcomed focus on enhancing digital skills within the capital.
Khan recently unveiled his Economic Development Strategy at the Federation of Small Business’ Winter Reception. He explained how he wanted to build on his manifesto pledge to be London’s ‘most pro-business Mayor ever’.
Supporting small businesses and entrepreneurship sat at the core of the Mayor’s strategy, with a new £100m SME fund planned in order to invest in growing businesses.
Khan brought attention to small technology companies; his Civic Innovation Challenge will address issues of inequality, climate change, and the ageing population. The initiative will award 15 tech companies with £15,000 of business support.
The Strategy also addressed the digital deficit in small businesses across the city. The Mayor insisted that people need to have the right digital skills to function in the economy, and to embrace the entrepreneurial activities that are available to them.
The underlying focus of Khan’s strategies is to strengthen inclusivity within the economy. “Inequality is not inevitable,” Khan said in a recent speech.
“I want to build an economy that enables everyone to reach their full potential, supports entrepreneurs and small businesses and ensures neither opportunity, nor achievement are limited by gender, race, sexuality, religion, disability or background,” he added.
The strategy will be welcomed by many who are still concerned with Brexit, with extra funding predicted to bolster business confidence within the capital.
The Credit Protection Association is a credit management company established in 1914. If you supply goods or services on credit then we can help you!
Keep up to date with the latest news by following us on social media:-
Watch the video to find out how CPA can help you!
Read our blog – Debt collection agency
Read our Cash Flow Advice
Read about our overdue account recovery service
Read our blog – What is credit management?
Read our blog -What is a credit management company?
Read our blog -Credit Management that works!
Read our blog – How to select a debt collection agency