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Business: Research

Question for Department for Business, Energy and Industrial Strategy

UIN 79367, tabled on 22 November 2021

To ask the Secretary of State for Business, Energy and Industrial Strategy, what information his Department holds on the funding granted through Innovation Loans on average (a) nationally, (b) in Greater London and (c) in the North East since 2017; and what assessment his Department has made of the regional distribution of Innovation Loan agreements.

Answered on

25 November 2021

All Innovate UK grants and loans are made public via (Innovate UK funded projects since 2004 – UKRI ). Transparency data also includes the location and region that the company is registered in.

Funding decisions by UK Research and Innovation are based on the quality of applications and value for money to the taxpayer.

Named day
Named day questions only occur in the House of Commons. The MP tabling the question specifies the date on which they should receive an answer. MPs may not table more than five named day questions on a single day.