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New Product And Process Development Scheme

Volume 940: debated on Wednesday 30 November 1977

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asked the Secretary of State for Industry what is the total number and value of applications received and schemes approved under the new product and process development scheme, in England, Scotland and Wales, respectively.

The Department has received a substantial number of enquiries about the Product and Process Development Scheme from various parts of the country. Formal applications accepted as eligible for consideration under the scheme total 29, of which 28 are from the English regions and one from Scotland. These applications relate to projects with a total value of nearly £9 million. So far, five projects in England have received financial approval representing Government expenditure of approximately £388,000.