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Support for start-ups shown by UK

Despite cuts across the board, overall, UK business is seeing a positive change thanks to the new Government. Tax breaks, including extended relief on the increase in Capital Gains Tax and National Insurance have been introduced and considerable interest in UK SMEs expressed, with a ‘hands-on’ approach to understanding this integral part of our economy.
 
Despite cuts across the board, overall, UK business is seeing a positive change thanks to the new Government. Tax breaks, including extended relief on the increase in Capital Gains Tax and National Insurance have been introduced and considerable interest in UK SMEs expressed, with a ‘hands-on’ approach to understanding this integral part of our economy. Business Enterprise Minister Mark Prisk has started a six-month period of ‘work experience’ spending a day with five small businesses throughout the UK to gain an insight into the challenges they face.

In celebration of the importance of SMEs, The Startups Awards 2010, organized by startups.co.uk, the UK’s most popular website for small businesses, will help thriving companies continue to improve on their success, acknowledging the best fledgling businesses that Britain has to offer. Entries are now being accepted for these prestigious awards, which reward the most exciting new companies across the country, complimenting the Government's program of support.

Each year the Awards unearth a whole set of innovative new businesses and entrepreneurs that continue to make people sit up and pay attention to the start-up market. As David Lester, founder of startups.co.uk says, the quality of entries in 2009 was excellent, and there should be another great pick of companies to choose from in 2010.

The awards contain 16 categories, including Green Business of the Year, Women in Business Award, Product of the Year, Best Use of Technology and Business Plan of the Year. This year, there are 5 brand new categories: Home Business of the Year, Mobile Business of the Year, Franchisee of the Year, Angle/VC Backed Business of the Year and Craft Business of the Year. Winners of each category will then compete to be named the Startups Business of the Year.

To be eligible to enter, the business must have been trading for less than three years and be privately owned. The closing date for entries is 03 September 2010 and finalists will be announced early November. For details of how to enter and a full list of categories visit: www.startupsawards.co.uk.


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