§ Diana OrganTo ask the Secretary of State for Trade and Industry (1) what the criteria are for enterprise grants; [4031]
(2) what recent changes there have been in the criteria for the awarding of enterprise grants. [4147]
§ Alan JohnsonThe criteria for enterprise grants are set out in the scheme brochure, copies of which have been placed in the Library of the House. The brochure is also available at http://www2.dti.gov.uk/enterprisegrant/index.htm.
Following an internal review of the workings of this new scheme, two changes to the criteria were agreed in February of this year, to allow:
- 1. Firms to apply for more than one grant within the overall ceiling of £75,000; and
- 2. a degree of flexibility to exceed the normal ceiling of £500,000 for capital investment.