§ Mr. BreedTo ask the Secretary of State for Trade and Industry how many of the regional assistance grants to industry expressed(a) as a percentage and (b) in cash terms was given to the parliamentary constituency
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Offers of Regional Selective Assistance Grant in South East Cornwall parliamentary constituency Year Number of offers in South East. Cornwall parliamentary constituency Number of offers in South East Cornwall parliamentary constituency as per cent of total offers in England (per cent rounded to 1 decimal place) Total value of offers in South East Cornwall parliamentary constituency in cash (£ millions) 2001 1 0.5 0.160 2000 1 0.5 0.165 1999 2 0.2 0.185 1998 3 0.3 1.125 1997 2 0.2 0.116 1996 3 0.2 0.175 1995 6 0.4 0.465 1994 5 0.4 0.929 1993 10 1.0 0.271 1992 4 0.5 0.056 of South East Cornwall in each year since 1992; what the most recent available 12 month figures are; and if she will make a statement. [38339]
§ Alan JohnsonRegional Selective Assistance (RSA) is a demand-led capital investment grant linked to the creation or safeguarding of jobs in designated areas of need (the Assisted Areas). The number of RSA grant offers this Department made to companies in the South East Cornwall parliamentary constituency(a) as a percentage of the total number of offers made in England and (b) in cash terms for each of the years from 1992 to 2001, is set out in the table.
Since 1 January 2000, the RSA scheme has been restricted to projects involving capital investment of £500,000 or more. In April 2000 this Department introduced a new, simplified scheme, the Enterprise Grants Scheme (EGS), to help small firms undertake fixed capital investment projects below the £500,000 threshold for RSA. One EGS offer of £75,000 was made, in the year 2001, to a company in South East Cornwall parliamentary constituency. A total of 666 EGS offers were made in England in the year 2001 and 479 offers were made in the year 2000.