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Shareholder Executive

Volume 497: debated on Wednesday 14 October 2009

To ask the Minister of State, Department for Business, Innovation and Skills what role the Shareholder Executive has in (a) delivering and (b) administering (i) the Working Capital scheme, (ii) the Enterprise Finance Guarantee scheme, (iii) the Capital for Enterprise Fund and (iv) the Automotive Assistance programme; and if he will make a statement. (289831)

The Shareholder Executive has no role in delivering or administering schemes (i), (ii) and (iii). However, the Executive did advise on some organisational and resourcing aspects of delivering the Automotive Assistance programme and continues to give ad hoc advice on individual applications made under that scheme.

It also advised on the design and implementation of the Capital for Enterprise Fund.