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Written question asked by Chi Onwurah (Labour) on Monday, 12 March 2012, in the House of Commons. It was due for an answer on Thursday, 15 March 2012. It was answered by Mark Prisk (Conservative) on Monday, 19 March 2012 on behalf of the Department for Business, Innovation and Skills.


Technology: Greater London

Question
To ask the Secretary of State for Business, Innovation and Skills what funding has been allocated to Tech City from (a) the public purse and (b) UK Trade and Investment.
Answer

[holding answer 15 March 2012]: The information requested is as follows."(a) The Technology Strategy Board's Tech City Launchpad initiative has established a £2 million grant fund for digital projects seeking matched investment. This will enable it to provide support in the form of £100,000 grants to approximately 20 companies""(b) UKTI's budget for the Tech City initiative in FY 2011/12 is £1,791,500. This pays for business specialists, promotional activities and civil service support."


Secondary information

Type
Written question
Reference
100212; 542 c523W
Session
2010-12
Related items
Technology: Greater London
Monday, 30 April 2012
Written questions
House of Commons
Subjects
Greater London Technology
Link
View this Written question on www.publications.parliament.uk