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Business Grants

Trade and Industry written question – answered on 13th May 2002.

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Photo of Gordon Prentice Gordon Prentice Labour, Pendle

To ask the Secretary of State for Trade and Industry if she will list the grants and other help that she administers that are available to industrial and commercial businesses located in (a) Scotland, (b) Wales and (c) Pendle.

Photo of Alan Johnson Alan Johnson Minister of State (Employment Relations, Industry & the Regions)

DTI does not administer any grants or funding for businesses in Scotland or Wales with the exception of the Coal Operating Scheme. Other grants and funding are covered by the relevant devolved Administrations.

Grants and business support services for small companies can be accessed via the local business link which is administered by the Small Business Service. The Small Business Service itself covers the whole UK but in Scotland and Wales the arrangements for business support delivery are again a matter for the devolved Administrations.

In addition, small and medium sized enterprises in Pendle can apply for the Enterprise Grant Scheme, most of Pendle is covered by transitional Objective 2 of the European Structural Funds until 2005, and the North West Development Agency aims to promote business development in the region.

The DTI publication 'Financing your Business' describes the various types of business finance available and lists sources of further information.

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