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Enterprise Capital Funds

Volume 451: debated on Monday 30 October 2006

To ask the Secretary of State for Trade and Industry how much has been invested in Enterprise Capital funds. (97968)

To date, the Government have awarded six Enterprise Capital Funds and have agreed in principle to invest £106.2 million. Taken together with the private investment expected to be raised by each Enterprise Capital Fund, there will be a total of £162.5 million being available for investment over the 10-year life of each fund.