Business Recovery Fund

House of Lords written question – answered on 6th November 2001.

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Photo of Baroness Byford Baroness Byford Conservative

asked Her Majesty's Government:

Whether they propose to review the criteria which regional developments agencies use in operating the Business Recovery Fund.

Photo of Lord Whitty Lord Whitty Parliamentary Under-Secretary, Department for Environment, Food and Rural Affairs, Parliamentary Under-Secretary (Department for Environment, Food and Rural Affairs)

Following the allocation of a further £24 million to the Business Recovery Fund on 18 October we have now notified RDAs of changes to the guidelines, to clarify that assistance can be given towards the refurbishment of premises, as recommended by Lord Haskins in his recent report, and to allow assistance to be given to local business units of national or regional charities which meet the fund criteria.

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