Innovate UK: Expenditure

Department for Business, Energy and Industrial Strategy written question – answered on 18th July 2022.

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Photo of Chi Onwurah Chi Onwurah Shadow Minister (Business, Energy and Industrial Strategy)

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will publish a breakdown of Innovate UK's annual spending by (a) sector, (b) funding stage and (c) technology preparedness level.

Photo of Jane Hunt Jane Hunt Parliamentary Under-Secretary (Department for Business, Energy and Industrial Strategy)

Innovate UK’s business awarded grant support by Sector based on their Company House registered Standard Industrial Classification (SIC) code (where available):

SIC 2007 Section Description







Accommodation and Food Service




Administrative and Support Service







Agriculture, Forestry and Fishing







Arts, Entertainment and Recreation





















Electricity, Gas etc.







Financial and Insurance







Human Health and Social Work







Information and Communication














Mining and Quarrying







Other Service







Professional, Scientific and Technical







Public Administration






Real Estate






Transportation and Storage







Water & Sewage







Wholesale & Retail







Unknown / Not Provided







Data is not routinely collected on business funding stage. or technology preparedness level. Innovate UK programmes may have a focus for both of these scales but will support a range of innovation within them. Innovate UK’s role is to enable business-led innovation across the UK, helping businesses at all stages grow through technology development and commercialisation

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