Liam Byrne – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Liam Byrne on 2014-04-03.

To ask the Secretary of State for Business, Innovation and Skills, what estimate his Department has made of the number of (a) successful and (b) unsuccessful bids from Local Enterprise Partnerships for the Local Growth Fund to date.

Michael Fallon

All 39 Local Enterprise Partnerships (LEPs) submitted their Strategic Economic Plans to Government by 31 March 2014. Given the highly competitive nature of the Local Growth Fund (LGF), it will be over-subscribed and therefore there will be successful and unsuccessful bids to the fund. The assessment process is underway, but it is too early to say how many bids will and will not be successful.