Written Question·Department for Science, Innovation and Technology·UIN 47870

Innovate UK: Capital Investment

Tabled: 24 April 2025
Answered: 2 May 2025

Question

Steve Darling

Liberal DemocratTorbay

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 focus more on capital funding.

Answer

Feryal Clark
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....

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