Research: Finance

Department for Levelling Up, Housing and Communities written question – answered on 18th January 2022.

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Photo of Chi Onwurah Chi Onwurah Shadow Minister (Business, Energy and Industrial Strategy), Shadow Minister (Digital, Culture, Media and Sport)

To ask the Secretary of State for Levelling Up, Housing and Communities, how much money was (a) allocated from the European Regional Development Fund and (b) spent on research and innovation in each region from 2014 to 2020.

Photo of Neil O'Brien Neil O'Brien Parliamentary Under Secretary of State (Department for Levelling Up, Housing and Communities)

The value of European Regional Development Funding (ERDF) in the England ERDF programme is €3,649,257,601. The sterling value of the programme will fluctuate depending on the exchange rate but contracts are made in sterling

The programme has funding ring-fenced for Promoting Research and Innovation. The table sets out the amount contracted in each administrative region and has been paid as of November 2021

Region

ERDF Paid

ERDF Contracted

GSE

£27,227,049

£49,756,471

London

£13,688,450

£29,611,874

Midlands

£80,981,304

£147,811,043

NEYH

£79,845,708

£137,263,251

NW

£103,279,677

£173,453,271

SW

£72,635,554

£119,690,598

Total

£377,657,741

£657,586,509

The programme rules allow for spending to continue to the end of 2023.

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