Written question asked by Lord Maginnis of Drumglass (Crossbench), in the House of Lords. It was answered by Lord Davies of Oldham (Labour) on Wednesday, 7 May 2008.

Millennium Fund: Projects

Question: asked Her Majesty's Government:(a) how many projects were funded by the Millennium Fund in the United Kingdom; (b) how much funding was allocated in total; (c) how many projects fully achieved their declared objectives; (d) how many projects did not meet fully their objectives; (e) how much Millennium Grant moneys were spent on projects which did not meet their objectives; (f) how much was retrieved from such projects; and (g) how much was withdrawn from successful projects.

Answer: Two hundred and twenty-three completed capital projects were funded by the Millennium Commission in the UK apart from the Millennium Experience at Greenwich, which was subject to different procedures, and £1,326 million was allocated for the capital programmes. Of the 223 completed projects, 219 achieved their declared objectives. Three projects became insolvent and failed to meet their objectives. A fourth has recently been sold for non-public good purposes. The total grant spent on these four projects was £45,053,232. The amount retrieved from these four projects was £6,003,017. No grant has been withdrawn from successful projects.

Secondary information

Type: Written question
Reference: 701 c74-5WA; 3099
Session: 2007-08
Related items: Millennium Fund: Projects
Monday, 16 June 2008
Written questions
House of Lords
Subjects: Grants Millennium Commission
Contains statistics: Yes
Link: View this Written question on www.publications.parliament.uk