A timetable has been confirmed today for the closure of Business Link by the end of 2012. The announcement by Vince Cable was made as part of the white paper on local growth which states that all regional Business Link offices will be closed down by the end of 2012.
The demise of Business Link will save the cash-strapped government £154 million a year and leave entrepreneurs to find information and advice themselves. The end of Business Link will bring mixed feelings where some found it useful and others regarded it as an ineffective use of public money. The end of business link is likely to increasxe the importance of business angels who can not only provide funding , but also valuable advice to budding entrepreneurs.