Oral Answers to Questions Debate

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Department: Department for Education

Oral Answers to Questions

Julian Huppert Excerpts
Thursday 8th December 2011

(12 years, 5 months ago)

Commons Chamber
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Ed Davey Portrait Mr Davey
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The truth is that the Government are making it easier to hire people. We understand the importance of fair, efficient and flexible labour markets. We will protect those because that is in our country’s interest. I should tell the hon. Gentleman that we are working very closely with colleagues across the coalition on all aspects of our employment law review. This coalition is more together than the Labour party was when it was in government.

Julian Huppert Portrait Dr Julian Huppert (Cambridge) (LD)
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3. When he plans to publish his innovation and research strategy.

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Lord Willetts Portrait Mr Willetts
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Thank you, Mr Speaker.

I am pleased to announce that the Government have today published our innovation and research strategy for growth.

Julian Huppert Portrait Dr Huppert
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I thank the Minister for publishing that statement. In 2004 I was awarded a DTI Smart award for innovation. That excellent scheme supported small companies in developing risky innovative products, but over the years the financial support available was watered down and success rates fell. Will his strategy reverse that and support SMEs that have not been supported by the Technology Strategy Board?

Lord Willetts Portrait Mr Willetts
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Indeed, and I believe that my hon. Friend’s proposal was for a biotech company that collected virgin female fruit flies, which I am sure was an excellent example of curiosity-driven research. I can confirm that we are bringing back the Smart awards scheme on a nationwide basis, properly financed.