HC Deb 27 October 1995 vol 264 c837W
Mr. Sheerman

To ask the President of the Board of Trade how much additional money has been made available from his Department's budget for projects under the technology foresight programme. [38869]

Mr. Ian Taylor

In announcements made earlier this year, additional funds were made availble to underpin foresight dissemination and implementation as follows£3 millons to take forward foresight through the LINK mechanism: A £40 millions foresight challenge fund spread over the next three years, all of which would be matched by industry; £70 millions, spread over the next four years, for the rest of DTI to support innovation and foresight, part of which would be matched by industry.

Including matching sums from industry this package is worth approximately £170 million.