Written Question·Department for Science, Innovation and Technology·UIN 31847
Innovate UK: Grants
Tabled: 21 February 2025
Answered: 26 February 2025
Named DayQuestion
Karl Turner
Independent — Kingston upon Hull East
To ask the Secretary of State for Science, Innovation and Technology what assessment his Department has made of the adequacy of the accessibility of Innovate UK funding for UK SMEs.
Answer
Feryal ClarkSupporting innovative small firms is a key objective of the government’s growth mission. My department regularly engages with business organisations to understand the needs of their members. 86% of Innovate UK grant funding goes to SMEs, with 8,000 SMEs s...
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