Trade and Industry written question – answered at on 11 January 2005.
To ask the Secretary of State for Trade and Industry what the administration costs of the Regional Venture Capital Fund have been in each year since its inception, broken down by region.
The nine funds have a total value of £250.5 million, with the DTI/SBS commitment being £74,375,000. To
Following is a table setting out the estimated administration costs of the Regional Venture Capital Fund since its inception.
Financial year | Administration costs |
---|---|
1999–2000 | 47,020 |
2000–01 | 92,167 |
2001–02 | 95,853 |
2002–03 | 84,455 |
2003–04 | 75,117 |
2004–05 | 56,586 |
Total | 451,198 |
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