HC Deb 08 June 1981 vol 6 cc9-10W
Mr. John Garrett

asked the Secretary of State for Industry if he will list the schemes of assistance at present operating under section 8 of the Industry Act 1972, with the sums allocated to, and the amount so far granted from, each scheme.

Mr. MacGregor

The following schemes are open to applications for assistance under section 8 of the Industry Act 1972:

Scheme Allocation under Section 8
£ million
Micro-electronics Industry Support Programme (MISP) 37.9*
Scheme Allocation under section 8
£ million
Coal Fired Boiler Scheme 50
Small Firms Loan Guarantee Scheme 150
* The remainder of the £55 million allocated to this scheme is provided under the Science and Technology Act 1965.

In addition, assistance under section 8 is available for large projects in manufacturing industry under the general criteria which my right hon. Friend announced on 17 July 1979.

As at 30 April 1981 the following amounts have been offered under these schemes:

£ million
Micro-electronics Industry Support Programme (MISP) 7.8
General section 8 support for manufacturing industry 11