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Chamber and committees

Question reference: S5W-27782

  • Asked by: Gordon Lindhurst, MSP for Lothian, Scottish Conservative and Unionist Party
  • Date lodged: 5 March 2020
  • Current status: Answered by Fiona Hyslop on 16 March 2020

Question

To ask the Scottish Government how much funding has been delivered through the Scottish Growth Scheme in each year, also broken down by the proportion that was delivered through (a) European funding streams and (b) Scottish Enterprise and other public sector bodies in Scotland.


Answer

To 31 January 2020, under the Scottish Growth Scheme, some £193.2 million investment, in debt and equity has been unlocked for 342 companies.

The following table contains a breakdown by year of the funding delivered by the Scottish Growth Scheme and also the proportion that was delivered by (a) European funding streams and (b) Scottish Enterprise and other public sector bodies in Scotland.

Year

Funding delivered

European funding streams
including investment
by European Investment Fund

(a)

Scottish Enterprise/other
public sector bodies in
Scotland
(incl Scottish Government)

(b)

Private sector leverage

 

£m

£m

£m

£m

2017

22.7

2.3

3.3

17.1

2018

83.5

8.2

15.0

60.3

2019

69.2

6.8

15.3

47.1

2020

17.8

0.3

0.7

16.8

Total

193.2

17.7

34.2

141.3