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Oxford-Cambridge Arc

Volume 461: debated on Monday 11 June 2007

To ask the Secretary of State for Trade and Industry how much his Department has paid Bedfordshire county council in respect of the Oxford-Cambridge Arc. (139986)

No money has been paid directly to Bedfordshire county council in respect of the Oxford-Cambridge Arc.

Along with SEEDA and EMDA, BED A has awarded £70,000 per year over a three year period to Milton Keynes Economic and Learning Partnership to support the Oxford to Cambridge Arc. The funding is used to administer the Oxford to Cambridge Arc Company Ltd.

This company has been established to promote innovation and enterprise in the area between Oxford and Cambridge. The area includes the Milton Keynes South Midlands Growth Area. It aims to support the growth of both Oxford and Cambridge as well as the use of those global brands to support economic development in the Arc, including at Milton Keynes and Bedford.

The funding was given to support the appointment of a director to lead the company and undertake some project work.