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Full Debate: Read Full DebateDepartment: Department for Business and Trade
Euan Stainbank
Main Page: Euan Stainbank (Labour - Falkirk)Department Debates - View all Euan Stainbank's debates with the Department for Business and Trade
(2 weeks, 6 days ago)
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Euan Stainbank (Falkirk) (Lab)
Fifteen months on from the £200 million pledged for Grangemouth, and five months on from the Minister’s confirmation that prospective projects were being examined and shortlisted, what progress is being made to deliver new industry and jobs for Grangemouth?
Chris McDonald
My hon. Friend is right: £200 million is available for such projects. The initial £14.5 million of funding that was announced will help businesses to test the feasibility of their project ideas in order to secure long-term funding from the National Wealth Fund.