Oral Answers to Questions

Debate between Mark Prisk and Stephen Timms

Thursday 18th November 2010 Commons Chamber

[Mr Prisk]

I can confirm that all bids that meet the criteria of the fund, including bids for projects such as those that my hon. Friend mentioned, will, of course, be considered on their merits.

[Stephen Timms (East Ham) (Lab)]

The Prime Minister two weeks ago supported the idea of a new silicon valley in east London. Is that an initiative that the regional growth fund could be used to support? What else will the Minister’s Department do to support the Prime Minister’s proposal?

[Mr Prisk]

The point of the proposal, and the regional growth fund, is to ensure that in areas where there is a particular reliance on the public sector, or on any other single sector, there will be a diversity of job opportunities. I am sure that the opportunity for a new silicon valley will be an excellent project, and one that will be considered carefully by the independent panel advising Ministers.