Andrew Stephenson
Main Page: Andrew Stephenson (Conservative - Pendle)Department Debates - View all Andrew Stephenson's debates with the Department for Education
(11 years, 4 months ago)
Commons ChamberRead Full debate Read Hansard Text Read Debate Ministerial Extracts
Mr Willetts
My right hon. Friend is right and I pay tribute to his efforts in this area. Clearly, we must not be complacent. There is always more to do, and I hope that in all parts of the House we can agree that we must communicate the crucial message that no student has to pay up front to go to university; they pay back only if they are graduates in well paid employment.
Andrew Stephenson (Pendle) (Con)
6. What assessment he has made of the effect of the regional growth fund on job creation in the north-west.
The Minister of State, Department for Business, Innovation and Skills (Michael Fallon)
To date, 59 projects in the north-west have been awarded a total of £225 million. In addition, £153 million has been granted to 16 programmes, specifically aimed at supporting small and medium-sized enterprises in the region. Taken together, this money will help create tens of thousands of jobs in the north-west.
Andrew Stephenson
The regional growth fund has been a great help to businesses across Lancashire and the north-west. In the next round my right hon. Friend can expect to see some excellent bids from Pendle. Will he confirm that he will look closely at these fantastic bids? If they are approved, they will be a real boost to Pendle and east Lancashire.
Michael Fallon
I certainly will. I am grateful to my hon. Friend for reminding the House that the fourth round of the regional growth fund is now open. I urge any colleague in the House to encourage potential applicants to apply before 20 March, not least because the fund is proving good value for money. In the north-west it is leveraging in some £5.50 for every £1 of public money spent—some 10 times the proportion of the unlamented regional development agency.