Current status: Answered by Wendy Alexander on 16 April 2002
To ask the Scottish Executive how much funding was allocated to the microcredit programme in 2001-02 and what funding will be allocated in (a) 2002-03 and (b) 2003-04.
The Executive has allocated £1 million for the microcredit programme to Scottish Enterprise over a three-year period. In year 2001-02 Scottish Enterprise spent £70,000. The balance of funding is expected to be utilised in years 2002-03 and 2003-04, and into 2004-05.