Small Businesses

Part of Oral Answers to Questions — Defence – in the House of Commons at 2:30 pm on 14 March 2005.

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Photo of Mrs Anne Campbell Mrs Anne Campbell Labour, Cambridge 2:30, 14 March 2005

I thank my right hon. Friend for that reply. He will be aware that I have a number of small firms in my constituency that would benefit enormously from Government research contracts that do so much to help to secure stable funding, which is important in early-stage business, and which the US seems better at doing than the UK. Can my right hon. Friend therefore tell me how close he is to reaching the targets set by the small business research initiative for giving Government contracts to small business?