● BUSINESS FINANCE
£200m hike in the £1bn Business Finance Partnership to boost the supply of credit to medium-sized companies and ease the lending drought.
● ENTERPRISE FINANCE
Increase the share of small business loans that can be placed into the scheme from 13 per cent to 20 per cent.
● ENTERPRISE ZONES
100 per cent capital allowances on plant and machinery investment made in certain areas of existing enterprise zones at the London Royal Docks, and Irvine, Nigg and Dundee in Scotland and Deeside in North Wales.
● CORPORATION TAX
Cut from 26 per cent to 24 per cent next month, before lowering it to 23 per cent in April 2013 and to 22 per cent in April 2014.
● DRAGONS’ DEN LOANS
£10m pilot scheme to offer loans for young entrepreneurs to set up and grow a business. It will build on the support already available through schemes such as the National Enterprise Allowance.
Aims to reverse Britain’s falling share of global exports and sell £1 trillion of goods and services abroad by 2020.
● SME WORKERS
Reform of the Enterprise Management Scheme, which is aimed at helping SMEs get the best staff, by providing extra support to start-ups.