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Gateshead

Volume 33: debated on Friday 3 December 1982

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asked the Secretary of State for Industry what categories of financial assistance are now available to manufacturing firms within Gateshead.

[pursuant to his reply, 30 November 1982, c. 156]: Manufacturing firms within Gateshead are eligible for the following forms of regional industrial assistance:

  • (a) Regional support under the Industry Act in the form of regional development grants—at 22 per cent.—and selective assistance using powers under section 7 of the Act, including:
  • (i) in-plant training scheme;
  • (ii) exchange risk guarantee scheme;
  • (b) inclusion in the assisted areas factory building programmes of the English Industrial Estates Corporation;
  • (c) assistance from the quota section of the European regional development fund;
  • (d) loans from the European Investment Bank.
  • In addition, the following assistance measures are available on a national basis and therefore to manufacturing firms in the area:

  • (a) General support arrangements under section 8 of the Industry Act 1972 for assisting large projects;
  • (b) Six schemes offering assistance under section 8 of the Industry Act as follows:
  • (i) Flexible manufacturing—including robotics—scheme;
  • (ii) Coal-firing scheme;
  • (iii) Private sector steel;
  • (iv) Microelectronics industry support programme;
  • (v) Computer aided design and test equipment support;
  • (vi) Small firms loans guarantee scheme.
  • (c) Support for innovation; a general support facility for promoting research and development. Special arrangements within this facility include:
  • (i) Microelectronics application projects;
  • (ii) Information technology;
  • (iii) Fibre optics and optoelectronics scheme;
  • (iv) Electronic computer aided design, manufacture and test;
  • (v) Computer aided design and computer aided manufacture;
  • (vi) Software products scheme;
  • (vii) Advisory service for small and medium-sized companies.