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Research: Finance

Question for Department for Business, Energy and Industrial Strategy

UIN 135479, tabled on 7 March 2022

To ask the Secretary of State for Business, Energy and Industrial Strategy, what assessment his Department has made of the reasons for the regional disparities in Private Non Profit R&D funding in 2019 in the ONS dataset Gross domestic expenditure on research and development, by region; and what steps he is taking to help increase the proportion of Private Non Profit R&D investment outside the Greater South East.

Answered on

10 March 2022

We recognise the important role that the private non-profit sector, such as charities, play in both funding and performing R&D. In 2019, the private non-profit sector funded £1,766 million worth of R&D and performed £843 million of R&D. The Greater South East contributes the highest share of private non-profit expenditure on R&D, with 84% of total expenditure in 2019 vs 16% for outside of the region.

The Levelling Up White Paper shows that we are committed to increasing total investment in R&D across the whole of the UK, of which private non-profit R&D is an important element.

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