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Support for Business: Finance

Volume 496: debated on Wednesday 16 September 2009

To ask the Minister of State, Department for Business, Innovation and Skills what the proposed budget is for each programme within the Support for Business portfolio in each year up to 2011. (291365)

Solutions for Business is the Government’s portfolio of support to business. 2009/10 is the transitional year during which all Government funded business support schemes must migrate to the Solutions for Business portfolio or be under notice of closure by 31 March 2010.

The amount of money spent on Solutions for Business products varies according to local and regional need for particular forms of business support and the wider economic context. The total spend on business support within the Solutions for Business portfolio in 2008/09 is estimated to be £2.3 billion.