§ Mr. FatchettTo ask the President of the Board of Trade if he will set out for each business link project(a) the amount of public sector money scheduled to be spent in 1993–94 and (b) the amount of private sector funding which has been attracted.
§ Mr. McLoughlinMy Department has made formal offers of, on average, £984,233 pump-priming grant to three business link companies payable over three years. The level of each offer depends upon the level of assistance the business link needs to help business in its area. Each business link company may also receive public sector funds from other sources such as local authorities or via TECs. The total DTI pump-priming grant to business links 679W in the current financial year is expected to be about £2.9 million. Business links are private sector companies. It would therefore be improper for me to disclose financial information on private sector contributions to each business link project.