Creativity and Business International Network: Finance

Mr. Hunt
To ask the Secretary of State for Culture, Media and Sport what proportion of his budget for c&binet for 2009-10 was spent on the event held at The Grove between 26 and 28 October 2009.

Mr. Bradshaw
The gross costs of planning and staging the event at The Grove accounted for approximately 40 per cent. of the budget allocated to c&binet during 2009-10. The investment to develop a network of key professionals in the creative industries also contributed to the success of the event. DCMS is currently in discussions with private sector companies to take forward the project. This has allowed us to reduce the overall budget from £3 million to £2 million over the period 2008-09 to 2010-11.