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To ask the Minister of State, Department for Business, Innovation and Skills how much funding has been provided to Early Growth Funds in each year since their introduction.
The Early Growth Fund Programme (EGF) was launched in 2002-03 when my right hon. and noble Friend the Secretary of State entered into agreements to provide up to £31.5 million of funding to EGFs. The total programme expenditure to date is £30.17 million.
Details of the sums drawn down are included in the following table:
|Drawn down (£)|
|2009-10 (to date)||467,626.70|