Skip to main content

Innovation: Expenditure

Question for Department for Business, Energy and Industrial Strategy

UIN 92928, tabled on 14 December 2021

To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will provide a breakdown of innovation policy expenditure during the financial year ended 5 April 2021 of (a) employees, (b) individual contractors and consultations, excluding KTN, (c) other Innovate UK operational spending and overheads, (d) Industrial Strategy Challenge Fund grants, (e) other R&D grants, (f) SBRI contracts, excluding contract funding coming from other parts of the public sector, (g) loans to businesses, (h) core funding of catapults, (i) KTN operations, (j) other Innovate UK programmes and (k) other expenditures; and if he will make an estimate of how those annual expenditures are expected to change over the next three years.

Answered on

22 December 2021

A breakdown of expenditure for the whole of UKRI is set out in the UKRI annual report and accounts for 2020-21 (Note 2 Page 158)[1].

[1] UKRI-200721-AnnualReport2020-2021.pdf