Innovate UK: Grants

Department for Business, Energy and Industrial Strategy written question – answered on 11th April 2019.

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Photo of Daniel Zeichner Daniel Zeichner Labour, Cambridge

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 3 April to Question 237126 on Innovate UK: Grants, what proportion of Innovate UK grant funding has been awarded to (a) SMEs and (b) large companies since 2004 in each sector.

Photo of Chris Skidmore Chris Skidmore Vice-Chair, Conservative Party, Minister of State (Department for Business, Energy and Industrial Strategy) (Universities and Science) (Joint with the Department for Education)

Since 2004, Innovate UK has allocated funding to the following sectors.

Sector

Large business

SME

Aerospace

£840,714,248

£61,394,337

Agri-Tech

£10,425,603

£90,178,915

Energy

£140,484,835

£153,132,910

Healthcare

£27,631,824

£268,619,252

Life Science

£3,605,908

£28,233,769

Materials and Manufacturing

£6,653,473

£37,208,881

Space

£6,358,779

£14,382,838

Transport

£229,587,823

£221,127,202

Other sectors

£1,481,329,743

£1,306,782,393

Total

2,746,792,236

2,181,060,497

Does this answer the above question?

Yes1 person thinks so

No0 people think not

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