§ Mr. Andrew TurnerTo ask the Deputy Prime Minister if he will list each project on the Isle of Wight funded by South East England Development Agency (SEEDA) in the last 12 months for which information is available, showing the(a) funding from SEEDA for each project and (b) intended outcomes of each project. [155257]
§ Mr. RaynsfordIn the financial year April 2003 to March 2004, South East England Development Agency will invest a total of £13 million on 17 projects on the Isle of Wight. The purpose of those projects is to support the sustainable economic development of the Island. Forecasted core outputs should: create or safeguard 388 jobs, create or fill 1,672 learning opportunities between three and 30 hours duration and 112 over 30 hours and create 40 new businesses while sustaining a further 12 for 12 months. The attached table applies this in more detail to individual projects.
SEEDA has also provided £35,000 towards the Island's Community Wind project. This has funded a feasibility study which has been extended to cover use of renewable energy in refurbishment and newbuild in an estate in Newport. As well as added value through dissemination there is also a possibility of creating two jobs.