Written Question·Department for Science, Innovation and Technology·UIN 13203

Universities: Research

Tabled: 8 November 2024
Answered: 15 November 2024

Question

Dame Chi Onwurah

LabourNewcastle upon Tyne Central and West

To ask the Secretary of State for Science, Innovation and Technology, with reference to paragraph 4.94 of the Autumn Budget 2024, published on 30 October 2024, HC 295, by what process the support for the commercialisation of university research will be al

Answer

Feryal Clark
DSIT and UK Research and Innovation are designing a new process to allocate this funding. This will build on engagement earlier in the year with the university sector on how to design proof-of-concept funding. While the benefits realised will depend on th...

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