§ Brian CotterTo ask the Secretary of State for Trade and Industry what level of funding her Department has given to Small Business Europe in each year since its inception; and what level of funding she plans to give to the organisation in future financial years. [152528]
§ Nigel GriffithsUp to the end of January 2004, Small Business Europe had received £346,926 from the Department of Trade and Industry for delivering the Brussels-based SME liaison office service. A further £170,000 is scheduled to be paid in monthly instalments for continued delivery up to the date of contract completion on 31 May 2005.
The payments broken down by financial year, and excluding VAT, are as follows:
- FY 2001–02: £113,091
- FY 2002–03: £127,174
Scheduled future payments under current contract:
- FY 2003–04: £127,911 (£106,661 already paid at the end of January 2004)
- FY 2004–05: £127,500
- FY 2005–06: £21,250