Under the Enterprise Finance Guarantee, as of 27 January, 744 businesses in the south-west region have drawn down loans totalling £66.38 million. The figures for each individual constituency in the South West region will be deposited in the Library of the House. Businesses may apply for a loan from any one of the participating lenders who will assess which form of lending, including the Enterprise Finance Guarantee, is most appropriate. We do not hold figures for those businesses which are instead offered a normal commercial loan, or are rejected for failing to meet the lender's commercial criteria.
With respect to the Capital for Enterprise Fund equity scheme, CfEF received 77 enquiries from businesses in the south-west seeking investment to the value of £84.3 million. Thus far, no businesses have received investment, two businesses have agreed terms on investments with a value £4 million, one business has been offered investment totalling £2 million and one proposition is under active consideration with a value of £1.3 million. The remaining inquiries are either being considered subject to further information to be supplied by the applicant or have been rejected or withdrawn. I am not providing a breakdown by parliamentary constituency or local authority as this could make it possible to identify the individual companies that have received support.
Constituency name Count of loan amount Sum of loan amount (£ million) Bath 24 1.20 Bournemouth East 12 1.07 Bournemouth West 20 2.50 Bridgwater 11 0.85 Bristol East 21 2.76 Bristol North West 10 0.71 Bristol South 6 0.45 Bristol West 30 5.02 Cheltenham 21 1.99 Christchurch 15 1.55 Cotswold 16 0.82 Devizes 20 1.22 East Devon 6 0.37 Exeter 24 2.46 Falmouth and Camborne 11 0.85 Forest of Dean 9 0.87 Gloucester 13 0.75 Kingswood 19 1.88 Mid Dorset and North Poole 10 0.58 North Cornwall 31 1.93 North Devon 17 1.61 North Dorset 11 1.02 North Swindon 11 2.02 North Wiltshire 13 1.48 Northavon 19 1.48 Plymouth, Devonport 13 1.65 Plymouth, Sutton 29 1.77 Poole 15 1.57 Salisbury 12 1.01 Somerton and Frome 19 0.90 South Dorset 12 0.64 South East Cornwall 15 2.43 South Swindon 19 3.54 South West Devon 25 3.48 St. Ives 12 0.37 Stroud 21 1.24 Taunton 16 1.27 Teignbridge 6 0.21 Tewkesbury 26 2.69 Tiverton and Honiton 25 2.58 Torbay 13 0.80 Torridge and West Devon 25 1.98 Totnes 19 2.05 Truro and St. Austell 24 1.93 Wansdyke 24 1.17 Wells 26 3.74 West Dorset 22 1.69 Westbury 27 1.54 Weston-Super-Mare 12 1.00 Woodspring 9 0.70 Yeovil 8 0.44 Grand total 874 79.81
Constituency name Count of loan amount Sum of loan amount (£ million) Bath 20 0.87 Bournemouth East 11 0.95 Bournemouth West 14 2.05 Bridgwater 8 0.71 Bristol East 18 2.24 Bristol North West 9 0.64 Bristol South 6 0.45 Bristol West 26 3.42 Cheltenham 21 1.99 Christchurch 13 1.43 Cotswold 13 0.66 Devizes 18 1.05 East Devon 6 0.37 Exeter 20 2.32 Falmouth and Camborne 9 0.78 Forest of Dean 7 0.48 Gloucester 12 0.74 Kingswood 18 1.85 Mid Dorset and North Poole 9 0.55 North Cornwall 28 1.71 North Devon 16 1.37 North Dorset 9 0.66 North Swindon 6 1.76 North Wiltshire 12 1.47 Northavon 16 1.30 Plymouth, Devonport 11 1.60 Plymouth, Sutton 26 1.55 Poole 12 1.21 Salisbury 12 1.01 Somerton and Frome 16 0.77 South Dorset 9 0.48 South East Cornwall 14 2.14 South Swindon 12 2.09 South West Devon 23 3.24 St. Ives 12 0.37 Stroud 19 1.16 Taunton 15 1.21 Teignbridge 5 0.16 Tewkesbury 20 1.37 Tiverton and Honiton 25 2.58 Torbay 10 0.60 Torridge and West Devon 18 1.60 Totnes 16 1.96 Truro and St. Austell 21 1.37 Wansdyke 18 0.81 Wells 22 3.23 West Dorset 20 1.61 Westbury 21 1.00 Weston-Super-Mare 8 0.70 Woodspring 8 0.37 Yeovil 6 0.37 Grand total 744 66.38