In terms of SMEs, we're committed to supporting entrepreneurs, microbusinesses and SMEs, as well as social enterprises; that's why we're investing £86 million up to 2020 to ensure that entrepreneurs and businesses in Wales have access to information, guidance and business support through the European-funded programmes, through Business Wales and through Social Business Wales. We're including business support advice from Business Wales in investment for medium-sized entities through the Development Bank of Wales. We have a bilingual business support service, launched in January 2013 and refreshed in January 2016, to make it easier for Welsh businesses and aspiring entrepreneurs to access the information, advice and support they require to start and grow their businesses. We've also enhanced the dedicated relationship management of specialised, targeted support such as succession planning, and we're also looking to ensure growth and stability.

Mike Hedges is quite right; there are two bits of growth—the first initial commercialisation and getting together as a business, and then when a business gets to somewhere just under 30 employees, when they need an injection of cash to grow at that stage. So, we'll be concentrating and looking very much at how we get businesses through those two crucial growth stages and, more importantly, make sure that they don't offshore at that point, which is a big issue for a lot of countries around the world, so that we have good access to equity investment for our businesses of that sort. So, we have a large number of schemes in place to do just that, as well as to commercialise some of our excellent scientific research in Wales.

In terms of the tidal lagoon, it's just one of the frustrations, isn't it, that a different rule is being applied to the tidal lagoon than has ever been applied to any other viable energy scheme, and yet the Government isn't prepared to take forward the Charles Hendry suggestion of applying a completely different funding model if they think that it's such a risky pilot. We've made that point repeatedly to them. I'll make it again here in the Senedd: this should not be being regarded as simply a scheme that needs a contract for difference; this should be regarded as a scheme that is a pilot of a worldwide industry that the British Government ought to be supporting.