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Innovation: Investment

Question for Department for Business, Energy and Industrial Strategy

UIN 4514, tabled on 20 May 2021

To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps his Department plans to take to help ensure investment for projects in the UK Innovation Corridor; and if he will make a statement.

Answered on

27 May 2021

The R&D Places Strategy, to be published later this year, will ensure that research and innovation benefits the economy and society in nations, regions and local areas across the UK contributing to the Government’s wider levelling up ambitions. We want to build on existing place-based funding initiatives and work with stakeholders to promote increased private investment across the UK to support promising research and innovation that drives local economic growth.