Public-Private Venture Capital

HC Deb 11 December 2001 vol 376 cc767-8W

Mr. Bercow

To ask the Chancellor of the Exchequer when he expects to achieve his target of £1 billion of public-private venture capital funding; and what proportion of this target he expects to be(a) public and (b) private. [20482]

Mr. Boateng

The target will be achieved over several years. The split between public and private funding will depend on commercial considerations.