HC Deb 28 March 1996 vol 274 cc735-6W
Mr. Jamieson

To ask the President of the Board of Trade what was the total amount of financial support given by his Department to companies in the south-west in each of the last eight years; and how many companies received such financial support in each of those years. [20794]

Mr. Oppenheim

[holding answer 14 March 1996]: Financial support in the south-west under each of the Department's principal regional, enterprise and technology schemes is shown in the table. Companies may have received support under more than one scheme or have received more than one payment under the same scheme; the absolute number of companies receiving support in any one year could be established only at disproportionate cost.

Regional Selective Assistance
Year Number of payments Total amount paid £ million
1988 77 3.054
1989 91 4.733
1990 95 5.035
1991 107 6.324
1992 94 4.346
1993 108 6.016
1994 118 7.058
1995 125 7.470
Regional Enterprise Grant
Year Number of payments Total amount paid £ million
1988 9 0.030
1989 70 0.284
1990 134 0.713
1991 161 0.931
1992 136 0.830
1993 124 0.700
1994 110 0.817
1995 105 0.834
Regional Development Grant Scheme II
Year Number of payments Total amount paid £ million
1988 683 6.929
1989 247 2.906
1990 81 2.391
1991 25 0.363
1992 2 0.003
1993 0 0.000
1994 1 0.209
1995 0 0.000
(Regional development grant scheme I closed in 1988, although relatively small volumes of payments continued after that date).
Small firms Merit Award for Research and Technology
Year Number of businesses Total amount paid £ million
1988 0 0
1989 2 0.075
1990 15 0.575
1991 30 1.228
1992 28 1.205
Small firms Merit Award for Research and Technology
Year Number of businesses Total amount paid £ million
1993 30 1.466
1994 33 1.487
1995 47 1.790
Support for Products under Research
Year Number of businesses Total amount paid £ million
1988 0 0
1989 0 0
1990 0 0
1991 0 0
1992 1 0.040
1993 4 0.163
1994 9 0.501
1995 18 1.225
Loan Guarantee Scheme
Financial year Number of loan guarantees issued Total value of guarantees £ million
1988–89 213 5.62
1989–90 350 9.46
1990–91 389 8.92
1991–92 472 10.16
1992–93 373 6.90
1993–94 617 21.91
1994–95 959 33.66
1995–96 (to date) 5681 19.43
Consultancy Assistance (closed to new applications from September 1994)
Year Number of completed projects Total amount paid £ million
1988–89 15 0.778
1989–90 1,181 2.777
1990–91 1,028 3.420
1991–92 1,183 4.476
1992–93 903 3.670
1993–94 840 2.956
1994–95 361 0.931
1995–96 n/a n.a
1 n/a = not available.
2 For RSA, REG, RDG and the enterprise initiative consultancy scheme the figures shown are of the number of payments made in any year. The same company may have received more than one payment in any year.
3 For LGS, the figures shown are of the number of loans guaranteed. A company may have had more than one loan guaranteed.
4 For EICS, the figures shown are of number of completed projects. Projects may have involved more than one payment. The total amount figures include the cost of initial business reviews which were free to companies. EICS payments were to the contractor consultants employed by DTI and not direct to companies who met the balance of the cost.

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