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Oral question asked in the House of Commons, by Chris Green (Conservative). It was answered on Tuesday, 5 March 2019 on behalf of the Treasury.


New Technologies

Question

What is my right hon. Friend doing to ensure that small and medium-sized businesses in the north-west of England are at the forefront of our ongoing technological revolution?

Answer

I recently visited the north-west of England and saw at first hand the enterprising and enthusiastic spirit of SMEs in the region. I am happy to confirm that, in the 2018 Budget, I backed locally led innovation by doubling the strength in places fund to £235 million. I also committed an additional £5 million to encourage proposals for new university enterprise zones, following a successful pilot scheme that invested £15 million in Liverpool. The made smarter pilot in the north-west is helping manufacturers to adopt digital technologies, and together these measures will ensure that businesses in the north-west can take the lead in the fourth industrial revolution.


Secondary information

Type
Oral question
Reference
655 cc790-1 
Session
2017-19
Oral question type
1st Supplementary
Chamber / Committee
House of Commons chamber
Subjects
Innovation Technology
Link
View this Oral question on hansard.parliament.uk