§ 17. Mr. KidneyTo ask the Chancellor of the Exchequer what the Treasury is doing to ensure the availability of venture capital in all parts of the UK. [60354]
§ Dawn PrimaroloThe Government are committed to increasing the supply of risk capital for businesses throughout the UK. Backed by up to £80 million of Government support, regional venture capital funds will provide up to £270 million of investment in small businesses with growth potential across England. The devolved Administrations have similar public/private equity schemes. The Government have also invested £20 million in a £40 million community development venture fund focused on the most deprived wards in England.