HC Deb 10 March 2004 vol 418 cc1526-7W
Mr. Andrew Turner

To 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. Raynsford

In 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 shouldcreate 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 following 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.

Isle of Wight SEEDA forecast spend and core outputs for 2003—04
Core tier 3 outputs
Project Forecast spend (£) New jobs created/safeguarded Hectares of brownfield land remediated or recycled Number of learning opportunities created and filled (3–30 hours) Number of learning opportunities over 30 hours New businesses created New businesses sustained for 12 months
Ryde 2000—SRB scheme 1,699,000 25 307 25 12
Island Inclusive—SRB scheme 106,106 75
Rural Development Programme 400,000 17 52 14
Leader + (rural) 100,000 133
Market Town Initiative: 184,342 2 5 1
(Sandown, Shanklin, Ventnor)1
Regional Selective Assistance 200,000 44
Project
Better Skills Better Community 338,000 1,000
Learning for all 130,000 100 100
Management Development— 25,500 12
PLATO2
Isle of Wight Enterprise Hub3 44,355
Cowes Marine Cluster3 91,000
Direct Development Activities (GKN, Cowes Waterfront, 3 Gates Road) 9,600,000 300 Output is not calculated until land is remediated
Isle of Wight Economic 90,000 4 4 4 4 4 4
Partnership Funding
Total spend in Isle of Wight 2003–04 13,008,303 4 4 4 4 4 4
1Market Towns also deliver rural outputs such as improved community facilities and child care places.
2This programme applies across Hampshire and the Isle of Wight and this represents a pro-rata allocation for the Isle of Wight.
3Will deliver supplementary outputs such as business advice.
4Not applicable