HC Deb 29 March 1999 vol 328 c515W
21. Dr. Gibson

To ask the Secretary of State for Culture, Media and Sport by what means he will monitor the scientific value of investment through the National Endowment for Science, Technology and the Arts. [77389]

Mr. Chris Smith

The National Endowment for Science, Technology and the Arts has just finished consulting on how it intends to operate.

Means of monitoring is one of the issues that has still to be decided. As an independent body I expect NESTA to be responsible for monitoring the value of all of its investments covering science, technology and the arts. I will also expect them to report back to me with their findings.