Hugh Bayley – 2014 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Hugh Bayley on 2014-06-04.

To ask the Secretary of State for Business, Innovation and Skills, how many businesses in Yorkshire and the Humber received how much funding from Local Enterprise Partnerships in each year since 2010-11.

Michael Fallon

The Regional Growth Fund has supported eight Local Enterprise Partnership-led (LEP) programmes in Yorkshire and Humber, 4 each in Rounds 3 and 5, with allocations totalling £95 million. So far £23.8 million has been paid to small and medium-sized enterprises which has achieved 987 jobs and £66.9 million in private sector leverage.

The Yorkshire and Humber LEPs have also received a total of £72.9 million from the Growing Places Fund to support infrastructure projects resulting in the creation of jobs, housing, commercial floorspace and businesses. Thus far, the LEPs have allocated this to 34 projects which will lead to the creation of 25,500 jobs, 4,900 housing units, 1.5 million sqm commercial floorspace, and 320 businesses.