“If he will make an estimate of the time it would take to establish an alternative scientific research programme to Horizon Europe.”
Answering Minister
the Secretary of State for Business, Energy and Industrial Strategy
Answer from Hansard
The Parliamentary Under-Secretary of State for Business and Trade (Justin Madders)
The Government are investing £1.4 billion, with the North East combined authority, to deliver our shared objectives of economic growth and business support. That includes the development of the local part of the industrial strategy, guiding investment to deliver sustainable economic growth, and delivering support to grow all businesses. In 2023-24, there was £420,000-worth of direct support given to the North East Growth Hub, which provides businesses across the area with practical advice and support to grow and thrive.