Local Enterprise Partnerships

(asked on 7th July 2015) - View Source

Question

To ask the Secretary of State for Business, Innovation and Skills, how much and what proportion of the Enterprise Zone Fund each Local Enterprise Partnership has been allocated in each year of the Fund's operation.


Answered by
Anna Soubry Portrait
Anna Soubry
This question was answered on 13th July 2015

Enterprise Zones do not receive an annual funding allocation. Firms moving onto Enterprise Zones receive business rates discounts. Increases in business rates payments to local authorities from the zone are retained locally and spent to support local economic growth initiatives.

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