To ask the Secretary of State for Science, Innovation and Technology, whether she is taking steps with Cabinet colleagues to help ensure that cities and towns which do not have a research-intensive university (a) benefit economically from innovation and (b) create innovation-driven jobs.
27 April 2023
In order to support places across the UK to fulfil their potential for innovation, the Government has pledged to increase domestic public investment in R&D outside the Greater South East by at least 40% by 2030, and by at least a third over the spending review period.
UK Research and Innovation (UKRI) invests across the UK with £25.1 billion allocated for 2022-2025. Innovate UK’s Launchpad programme is an innovation cluster development programme with up to £7.5 million funding available for each Launchpad for business-led innovation projects, such as the pilot in Tees Valley. Additionally, UKRI's Strength in Places Fund provides opportunities for innovation across the UK.