56
“It is proving very successful. We start about a dozen businesses a “No. That would mean us growing to the point where we become
month and have a 70% repayment rate, which is excellent.” as unwieldy and unresponsive as the large organisations – and the
Asking Paul why he felt it necessary to do this unlocks the key to his government – that we find fault with. We are currently small enough
philosophy on business and government, and he pulls no punches. to understand that the money we are lending is still our own
“First of all, the bigger an organisation, the more likely it is that money.”
people working in it are no more than serfs,” he says. “They have no
stake, little commitment and no control. In a small business Source:
EVERYONE matters.” Fredericks Foundation
www.fredericksfoundation.org
But doesn’t the government help people through their business
support programmes? His response is scathing.
Nominations for next year’s Queen’s Awards are now being
“Government is growing faster than the SME’s who pay their bills.
canvassed. Stephen Brice, Secretary of The Queen’s Awards
Government is staffed by people many of whom are self-important
Office, said, “Like Paul, there are many selfless individuals
and overpaid. There are thousands of agencies in the support
out there, giving their time and energy in inspirational ways
sector, some of which do good work but many just pointing to
to help unlock Britain’s entrepreneurial talent. This
where you might get help, not actually doing anything. As the
prestigious Royal Award exists to honour these unsung
Richard Report into government support for business says,
heroes of our enterprise culture. If Business First readers
£2.4billion is spent on supporting small businesses, 15% of whom
know someone worthy of recognition, I urge them to make
use it and of which only 0.5% report being satisfied. They’d be
a nomination and inspire them further in their efforts to
better of scrapping the entire system and giving businesses the
encourage entrepreneurship.” For more information, and
money back through tax or rate cuts.”
to download a business application form or to nominate
an individual, visit
www.queensawards.org.uk. The deadline
Does this mean the Fredericks Foundation is going to become an
for submission is midnight on 31 October 2008.
alternative system of business support to the government’s own?
Paul Barry-Walsh receiving his Queen’s Award from the Princess Royal, HRH Princess Anne
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