§ Brian CotterTo ask the Secretary of State for Trade and Industry what assistance is available to businesses eligible for grants from the business recovery fund once the regional development agencies have utilised the initial funding made available. [7802]
§ Alun MichaelI have been asked to reply.
My right hon. Friend the Secretary of State announced a £24 million extension to the business recovery fund on 18 October 2001. This will enable RDAs to help hard hit but viable rural businesses in the worst affected areas survive the difficult autumn and winter period by helping eligible small businesses to adapt, restructure, access new markets and invest as part of a business recovery plan.