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172129

registered interest
date	06/01/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Wind Power: Seas and Oceans
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, if he will take steps to allow the British Business Bank to provide bonds for companies in the offshore wind supply chain for the purpose of enabling those companies to take on additional orders.
tabling member constituency	Hartlepool
tabling member printed	Mr Iain Wright
uin	219841
answer	answer is ministerial correction date of answer 15/01/2015 answer text <p>Since 1st November 2014 the Business Bank has been an operationally independent public limited company, which is wholly owned by Her Majesty’s Government.</p><p> </p><p> </p><p> </p><p>It is conducting research, working alongside Department for Business, Innovation and Skills officials, to better understand the market for performance bonds and its impact on smaller companies.</p><p> </p><p> </p><p> </p><p>Bonds and guarantees have been supported by the Enterprise Finance Guarantee, which is delivered by the Business Bank via participating lenders, since April 2014.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 15/01/2015 16:14:21 answering member 4070 label Biography information for Matt Hancock
tabling member	1478 label Biography information for Mr Iain Wright

172130

registered interest
date	06/01/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Construction: Industry
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, if he will publish any recent assessment he has made of compliance with the Construction Supply Chain Payment Charter.
tabling member constituency	Hartlepool
tabling member printed	Mr Iain Wright
uin	219831
answer	answer is ministerial correction date of answer 13/01/2015 answer text <p>The Construction Supply Chain Payment Charter was published in April and publicly supported by members of the Construction Leadership Council.</p><p> </p><p> </p><p> </p><p>Signing up to the Payment Charter is a voluntary commitment. We are currently consulting on a set of Key Performance Indicators (KPIs) which construction businesses signing the Charter will report on, via the Institute of Credit Management. The KPIs are being developed in order to have a framework in place to monitor the effect of the Charter.</p><p> </p> answering member constituency Grantham and Stamford answering member printed Nick Boles question first answered 13/01/2015 11:29:27 answering member 3995 label Biography information for Nick Boles
tabling member	1478 label Biography information for Mr Iain Wright

172131

registered interest
date	06/01/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Aerospace Industry
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the ability of the Aerospace Growth Partnership to help companies in the UK aerospace supply chain to bring products to market (a) faster and (b) more efficiently; and if he will make a statement.
tabling member constituency	Hartlepool
tabling member printed	Mr Iain Wright
uin	219843
answer	answer is ministerial correction date of answer 12/01/2015 answer text <p>The Aerospace Growth Partnership is helping companies to bring products to market faster and more efficiently through a range of action and support initiatives. These include the £2billion joint funding from industry and Government, supported by the Aerospace Technology Institute, for research into new product technology and manufacturing processes. Over £400m of projects have already been announced.</p><p> </p><p> </p><p> </p><p>In addition, the £40m National Aerospace Technology Exploitation Programme (NATEP) is supporting small and medium sized businesses, through high calibre technical and management resource, to help them accelerate technology efficiently and bring products to market faster. NATEP is already supporting 68 companies.</p><p> </p><p> </p><p> </p><p>We are also investing £120m, jointly with industry, in the Sharing in Growth initiative. This is an intensive intervention aimed at ensuring that UK supply chain companies build and maintain world class levels of competitiveness.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 12/01/2015 15:04:08 answering member 4070 label Biography information for Matt Hancock
tabling member	1478 label Biography information for Mr Iain Wright

172132

registered interest
date	06/01/2015
answering body	Department for Business, Innovation and Skills
answering dept id	26
answering dept short name	Business, Innovation and Skills
answering dept sort name	Business, Innovation and Skills
hansard heading	Wind Power: Seas and Oceans
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Secretary of State for Business, Innovation and Skills, which local enterprise partnerships (a) his Department and (b) the Offshore Wind Industry Council are working with to develop clusters of business formation for the offshore industry supply chain.
tabling member constituency	Hartlepool
tabling member printed	Mr Iain Wright
uin	219832
answer	answer is ministerial correction date of answer 15/01/2015 answer text <p>In 2011 we established the Centre for Offshore Renewable Engineering (CORE) network, and through this network my department and other members of the Offshore Wind Industry Council are working with six local enterprise partnerships to support the offshore industry supply chain.</p><p> </p><p> </p><p> </p><p>The six local enterprise partnerships in the CORE network are North East, Humber, New Anglia, Liverpool City Region, South East and your own local enterprise partnership area, Tees Valley. These areas are recognised as having existing port infrastructure, skills, supply chain and local government support to enable rapid growth within the offshore wind sector.</p><p> </p><p> </p><p> </p><p>My Department also works with other local enterprise partnerships where growth opportunities are identified in other areas. The CORE network is working successfully with the Offshore Wind Investment Organisation, in UK Trade and Investment, to raise the profile of CORE areas as investment locations for major offshore wind companies and to realise the supply chain opportunities linked to these investments. The most recent CORE brochure was an excellent example of Local Enterprise Partnerships working with Government to grow local economies.</p><p> </p> answering member constituency West Suffolk answering member printed Matthew Hancock question first answered 15/01/2015 16:48:21 answering member 4070 label Biography information for Matt Hancock
tabling member	1478 label Biography information for Mr Iain Wright