Department for Business, Energy and Industrial Strategy written question – answered on 18th July 2022.
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.
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 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 |
Accommodation and Food Service | £0.34m | £0.86m | £0.06m | |||
Administrative and Support Service | £19.09m | £17.30m | £57.93m | £39.52m | £23.77m | £3.78m |
Agriculture, Forestry and Fishing | £4.10m | £4.10m | £39.1m | £8.28m | £2.88m | £1.46m |
Arts, Entertainment and Recreation | £0.12m | £0.44m | £1.65m | £2.29m | £1.38m | £0.15m |
Construction | £2.62m | £4.49m | £7.68m | £8.09m | £1.61m | £0.36m |
Education | £0.33m | £3.18m | £2.12m | £5.81m | £0.70m | £0.79m |
Electricity, Gas etc. | £2.75m | £2.37m | £20.06m | £6.50m | £4.26m | £0.57m |
Financial and Insurance | £1.93m | £0.98m | £4.86m | £9.45m | £6.42m | £0.09m |
£1.96m | £7.04m | £9.27m | £9.97m | £3.75m | £2.56m | |
Information and Communication | £69.90m | £73.02m | £89.01m | £172.27m | £99.32m | £25.08m |
Manufacturing | £313.78m | £318.42m | £221.84m | £361.92m | £241.56m | £32.31m |
Mining and Quarrying | £0.40m | £1.14m | £0.85m | £2.64m | £2.80m | £0.04m |
Other Service | £12.22m | £3.63m | £4.29m | £7.03m | £6.90m | £1.76m |
Professional, Scientific and Technical | £167.26m | £190.60m | £229.29m | £261.64m | £180.19m | £49.85m |
£0.14m | £0.07m | £1.79m | £1.93m | £0.08m | ||
£0.11m | £0.33m | £0.44m | £2.84m | £0.54m | ||
Transportation and Storage | £4.79m | £1.02m | £2.35m | £7.00m | £2.09m | £0.30m |
Water & Sewage | £3.16m | £3.84m | £1.56m | £5.80m | £5.34m | £1.68m |
Wholesale & Retail | £9.01m | £7.53m | £18.44m | £16.36m | £9.52m | £2.94m |
Unknown / Not Provided | £24.15m | £19.08m | £43.43m | £7.09m | £23.39m | £4.46m |
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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