Question

To ask the Secretary of State for Business, Innovation and Skills, how much match funding has been allocated to firms under the Passport to Export Scheme; and what proportion of these funds have been withdrawn.

Since 2010 for which data is readily available, the level of expenditure on match funding has been as follows:

2010/11: £1.1 million

2011/12: £907,000

2012/13: £774,000

2013/14: £2.1 million

2014/15: £1.9 million (April to July)

No companies with an offer of matched funding have had that offer of funding withdrawn.