Speeches

Alun Cairns – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Alun Cairns on 2014-04-25.

To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the performance of the Start Up Loan scheme in Wales to date; what the take-up has been under this scheme to date; and how much has been lent to which businesses in each constituency in Wales in each of the last three years.

Matthew Hancock

The Start-Up Loans Scheme was extended to Wales in October 2013. To date 249 loans have been committed with a value of over £1.52m.

The table below sets the number of loans made in each constituency and their value:

Welsh constituencies

Number of loans

Value of loans

Aberavon

6

£38,700

Aberconwy

2

£10,500

Arfon

2

£24,000

Blaenau Gwent

5

£12,000

Brecon and Radnorshire

2

£7,500

Bridgend

9

£58,000

Caerphilly

7

£42,250

Cardiff Central

6

£37,500

Cardiff North

5

£41,500

Cardiff South and Penarth

12

£83,600

Cardiff West

6

£55,500

Carmarthen East and Dinefwr

9

£49,250

Carmarthen West and South Pembrokeshire

12

£35,000

Ceredigion

7

£19,100

Clwyd South

7

£54,500

Clwyd West

8

£43,500

Cynon Valley

8

£35,000

Delyn

1

£5,000

Dwyfor Meirionnydd

2

£22,000

Gower

13

£50,500

Islwyn

5

£35,550

Llanelli

7

£27,000

Merthyr Tydfil and Rhymney

7

£53,000

Monmouth

10

£75,284

Montgomeryshire

7

£36,500

Neath

4

£9,500

Newport East

11

£77,470

Newport West

11

£78,350

Ogmore

4

£23,998

Pontypridd

6

£36,000

Preseli Pembrokeshire

6

£23,000

Rhondda

6

£36,300

Swansea East

8

£47,500

Swansea West

8

£57,650

Torfaen

6

£91,000

Vale of Clwyd

3

£12,000

Vale of Glamorgan

5

£21,000

Wrexham

2

£12,500

Ynys M“n

4

£47,500