HC Deb 27 June 1994 vol 245 c402W
Mr. Morley

To ask the President of the Board of Trade if his Department has allocated a budget to make matching grants available to objective 5b bids in line with EU rules.

Mr. Sainsbury

No; there is no such rule.

Structural funds projects are funded jointly by the Community and the member state. My Department, and others, make public expenditure provision for the forecast value of the Community contributions. The remainder of the cost of each project is the responsibility of the beneficiary of the Community grant.