Finance continues to be hard to get for people that want to set up a business, so it is good news that more funding is now available to more people.
However, in some cases £2,500 may not get a business very far so we would call for a more flexible approach where a start-up could apply for more if needed.
We also believe that delivery of this finance should be through the business bank once it is established so that all Government finance initiatives are housed under one roof.
More top news
Awarded the Victoria Cross for rescuing colleagues from the Somme, a Northern Irish soldier has been honoured with a statue in his town.
China has become Africa's biggest trading partner - but amid accusations of exploitation, all is not well in this remarkable partnership.
A newborn baby girl has been killed by dogs after they attacked her while she was lying on a sofa.