HC Deb 18 December 1967 vol 756 c307W
Mr. David Howell

asked the Minister of Technology what has been the total investment of public funds in the National Research Development Corporation since its inception; and how much of these investments have been recovered to date.

Mr. Benn:

Up to November, 1967, the total amount advanced to the National Research Development Corporation was £15,436,000 of which the Corporation has repaid £554,000, leaving a balance outstanding of £14,882,000.

The Corporation has a considerable investment in projects and patents, which are revenue earning or should become so.