Northern Ireland written question – answered at on 24 May 2004.
To ask the Secretary of State for Northern Ireland what percentage of financial support to business from (a) the Industrial Development Board for Northern Ireland, (b) the Local Enterprise Development Unit and (c) Invest Northern Ireland was represented by (i) capital grants, (ii) grants for research and development, (iii) grants for training, (iv) grants for marketing, (v) loans and (vi) investment in equity in each of the last five years.
The following table shows the percentage of financial support to business by category in each of the last five years offered by Invest NI and its predecessors. Although the question does not specifically mention the Industrial Research and Technology Unit, as this agency was responsible for providing research and development support prior to Invest NI being set up, it has also been included in the table. Information relating to training support under the Company Development Programme (CDP) as administered by the Business Support Division of DETI has also been incorporated, as this function is now included within Invest NI's remit. In all cases the figures shown relate to offers of assistance made by the organisations concerned.
It has not been possible to provide detailed information on levels of marketing support as a marketing grant is a form of revenue grant and cannot easily be separated from other revenue grants.
1999–2000 | 2000–01 | 2001–02 | 2002–03 | 2003–04 (Provisional) | |
---|---|---|---|---|---|
Capital Grant | 28 | 15 | 19 | 11 | 9 |
Research and Development | 8 | 9 | 13 | 29 | 18 |
Training (CDP) | 7 | 13 | 10 | 6 | 12 |
Loans | 0 | 0 | 2 | 4 | 3 |
Equity | 1 | 2 | 4 | 6 | 6 |
Revenue Grant(25) | 43 | 47 | 37 | 28 | 33 |
Other Assistance(26) | 13 | 14 | 15 | 16 | 19 |
Total | 100 | 100 | 100 | 100 | 100 |
(25) Revenue Grants include a range of grants such as marketing grant, employment grant, management salary grant and operating grant.
(26) Other Assistance includes consultancy grants, incentive grants, quality grants, trade missions, business improvement services, tourism development as well as assistance to third party organisations.
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