Skip to main content

Enterprise Initiative Scheme

Volume 169: debated on Wednesday 14 March 1990

The text on this page has been created from Hansard archive content, it may contain typographical errors.

To ask the Secretary of State for Trade and Industry what examination he makes in considering a company's eligibility for assistance under the enterprise initiative scheme of (a) previous name changes by the company, (b) its record of payment of liabilities to redundant workers and (c) its record of payment of rates.

[holding answer 12 March 1990]: The eligibility of companies applying for consultancy assistance under the enterprise initiative is the responsibility of my Department. Applicants are approved only after a visit by an enterprise counsellor who, after a broadly based review of the firm's business activities, is required to identify whether the firm would benefit from consultancy assistance and whether it has the resources to pay its share of a consultancy project.