Question
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.
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 |