Written questions

Innovate UK: Finance

Commons · Question 47872 · Tabled 24 Apr 2025 · Department for Science, Innovation and Technology · Official record

Answered 2 May 2025

Question

Asked by Steve Darling

To ask the Secretary of State for Science, Innovation and Technology, if he will make an assessment of the potential merits of changing the Innovate UK technology awards to allow successful applicants to access the funds earlier in the process.

Answer

Answered by Feryal Clark, 2 May 2025

Making innovation support accessible and agile is a key goal for Innovate UK, and they will continue to experiment with new ways to improve their product offering for businesses. They deliver technology funding awards through grants, contracts, and loans....