Question reference: S6W-25344
- Asked by: Daniel Johnson, MSP for Edinburgh Southern, Scottish Labour
- Date lodged: 20 February 2024
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Current status: Answered by Richard Lochhead on 4 March 2024
Question
To ask the Scottish Government how much funding has been provided to the Scottish Growth Scheme, and, of that funding, how much has been allocated to businesses, in each year since the scheme was established.
Answer
The Scottish Government has committed £97 million (over the 10 year period to 31st March 2029) to the Scottish Growth Scheme which was established in December 2018 and operational during financial year 2019-20. In the 4 year period to 31st March 2023 the Scottish Growth Scheme has invested £66.8 million in businesses as follows:
2019-20 = £13 million
2020-21 = £21.3 million
2021-22 = £17.5 million
2022-23 = £15 million