To ask the Secretary of State for Business, Innovation and Skills, which winning bidders have withdrawn from each bidding round of the Regional Growth Fund in each region; on what date each such withdrawal took place; and what the monetary value was of each such bid.

We have previously published details of 94 projects and programmes from Regional Growth Fund (RGF) Rounds 1 to 4 that are no longer proceeding. These can be found in the Official Report as follows:

11 February 2013:

http://www.publications.parliament.uk/pa/cm201213/cmhansrd/cm130211/wmstext/130211m0001.htm

21 May 2013:

http://www.publications.parliament.uk/pa/cm201314/cmhansrd/cm130521/wmstext/130521m0001.htm

3 February 2014:

http://www.publications.parliament.uk/pa/cm201314/cmhansrd/cm140203/wmstext/140203m0001.htm

A written parliamentary question from the 2 September 2014 provided a further update on the breakdown of awards by round and by region:

http://www.parliament.uk/business/publications/written-questions-answers-statements/written-question/Commons/2014-07-16/206268/

Projects and programmes usually withdraw because it becomes clear during the contracting stage of negotiations that they do not wish to proceed with the plans as set out in the original application. This can be due to a number of reasons, such as a changing market outlook or a reorganisation of their own future planned investment priorities. In all cases all the money awarded to the project and programme is recycled back into the Fund so that other companies can benefit from the support of the RGF.