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Small Engineering Firms Investment Scheme

Volume 31: debated on Wednesday 10 November 1982

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asked the Secretary of State for Industry what are the current levels of (a) application, (b) offers of assistance and (c) projects in appraisal for the small engineering firms investment scheme; and if he will make a statement.

1,755 applications for assistance were received by 28 May 1982, the day that the scheme closed. At the end of October 1,355 applicants had received offers of grant, of which 215 had also received payment amounting in total to over £3·6 million. 316 applications have been rejected and 84 are still being processed.