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Written Ministerial Statements

Wednesday 21 March 2007

Treasury

Debt and Reserves Management

The Economic Secretary to the Treasury (Ed Balls): The “Debt and Reserves Management Report 2007-08” is being published today. Copies are available in the Library of the House.

Invest to Save Budget

The Chief Secretary to the Treasury (Mr. Stephen Timms): I am pleased to announce that a total of 24 bids from organisations spanning the public and third sectors have been awarded funding for projects following the ninth bidding round of the Invest to Save Budget. A total of £9 million has been allocated over the three years to 2009-10 for England. The allocated sum rises to £11 million to include consequential funding for the devolved Administrations. Details of the winning projects have been placed in the Library of the House.

The Invest to Save Budget (ISB), set up following the 1998 Comprehensive Spending Review, provides initial funding support for projects that increase the extent of joint working between different parts of the public sector; identify innovative ways of delivering public services; and reduce the cost of delivering the services and/or improve the quality and effectiveness of services delivered to the public.

This ninth bidding round was focused on supporting innovative approaches to the delivery of local services by third sector organisations. The intention was to encourage local authorities to work in partnership with local third sector organisations to deliver services in line with local needs and priorities.

Applicants were asked to address the priority areas of:

Successful projects are required to agree a detailed implementation plan, setting out how the project will be delivered. Each project must also provide six-monthly progress reports to sponsor departments and the Treasury and carry out an evaluation of the project's success once it has been completed. Wider dissemination of the good practice from completed projects is then fed back into the whole spectrum of public service providers.


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This ninth ISB bidding round allocates the remainder of the £90 million awarded to the ISB in SR2004.

More information can be found on the ISB website at www.isb.gov.uk

Trade and Industry

UK Intellectual Property Office

The Minister for Science and Innovation (Malcolm Wicks): I have tasked the UK Intellectual Property Office with managing and shaping an intellectual property system that encourages innovation and creativity, balances the needs of rights holders and the public, promotes strong and competitive markets and provides a firm foundation for the knowledge-based economy.

I have set the UK Intellectual Property Office a broader range of targets for 2007-08 based on a balanced scorecard approach. These targets are:

Customers and Stakeholders

Finance

Internal Processes


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Change and Development


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