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Market Entry Guarantee Scheme

Volume 20: debated on Tuesday 16 March 1982

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asked the Secretary of State for Trade if he will introduce legislation to allow sales and marketing consultants to apply for help under the market entry guarantee scheme.

The market entry guarantee scheme, originally restricted to manufacturing industry, was extended to the service sector, including consultancy services, with effect from 24 June 1981.

asked the Secretary of State for Trade how many applications he has had for the market entry guarantee scheme.

The market entry guarantee scheme was introduced on 26 Janurary 1978. A total of 331 applications have been received resulting in 102 agreements. A further 15 companies are considering offers of agreement and 29 applications are under consideration.

asked the Secretary of State for Trade if he is satisfied with the operation of the market entry guarantee scheme.

Whilst always open to suggestions for improvements, I am broadly content with the operation of this scheme. Industry's interest has continued at a high level, particularly since the scope of the scheme was extended to cover the service sector last June.