HC Deb 03 May 1972 vol 836 c156W
Mr. Sutcliffe

asked the Secretary of State for Trade and Industry, in view of the fact that clearance of derelict areas has disposed of many backstreet workshops, if he will consider the provision of venture capital to encourage small business enterprise in the regions.

Mr. Anthony Grant:

The new industrial incentives, both national and in the assisted areas, will be available to large and small firms alike. But so far as capital is concerned, the Bolton Committee took the view that existing financial institutions were adequate for the needs of small firms, and I have received no evidence to the contrary.