Regional Development Agencies

Trade and Industry written question – answered on 11th February 2004.

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Photo of Stephen O'Brien Stephen O'Brien Shadow Secretary of State for Business, Innovation and Skills, Shadow Secretary of State for Industry

To ask the Secretary of State for Trade and Industry, how many businesses have been helped by each regional development agency; what the average sum of money received by these businesses is; how many of the businesses helped are still operating; and how many of these businesses have increased their profitability.

Photo of Jacqui Smith Jacqui Smith Minister of State (Industry and the Regions and Deputy Minister for Women), Department of Trade and Industry

pursuant to her reply, 28 January 2004, c. 376W

Unfortunately the table referred to in the final paragraph was not provided. Following is the complete text.

England's Regional Development Agencies (RDAs) help businesses both directly and indirectly through a range of activities and programmes including skills development, upgrading infrastructure and improving business competitiveness of the region in general.

Information on how many businesses have been helped, the average sum of money received, how many are still operating, and how many have increased their profitability, is not available and could only be provided at disproportionate cost.

The number of businesses added to the regional economy as a direct result of RDA activity is available for financial year 2002—2003 and is broken down by Agency in the following table. The information is also available on the DTI website at http://wwv.dti.gov.uk/rda/info/.

RDA Total number of new businesses added to the regional economy in 2002–03 as a direct result of RDA activities
Advantage West Midlands 170
East of England Development Agency 156
East Midlands Development Agency 225
London Development Agency 1,368
North West Development Agency 603
One North East 717
South East of England Development Agency 141
South West Regional Development Agency 525
Yorkshire Forward 826
Total 4,203

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