§ Mr. BlizzardTo ask the Secretary of State for Trade and Industry if money from a private company, acting in the capacity of a port authority, is eligible as matched funding for European Objective 2 funding. [110138]
§ Mr. CabornIt is perfectly acceptable for projects supported by the structural funds to be part-funded by the private sector. The Government encourage programme partnerships to provide for flexibility in their programmes between private and public funding. The amounts of public and private funding required for programmes are set out in the financial tables in each Single Programming Document which must be agreed with the European Commission.