Asked by: Wendy Morton (Conservative - Aldridge-Brownhills)
Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, what assessment he has made of the potential benefits for businesses in Aldridge-Brownhills constituency of the £10m grant issued to the West Midlands Innovation Accelerator this year.
Answered by Feryal Clark - Parliamentary Under Secretary of State (Department for Science, Innovation and Technology)
We were delighted to extend the Innovation Accelerator pilot into 2025/26, investing an extra £30 million in growing high-potential clusters in the West Midlands, Glasgow City Region and Greater Manchester.
The West Midlands Innovation Accelerators is supporting a range of projects focused on business innovation. For example, Midlands Health Tech Innovation Accelerator is helping companies navigate “pinch-points” in the medical translation process, and Clean Futures is supporting SMEs to develop, demonstrate and grow clean-tech solutions in partnership with the wider ecosystem.
Innovate UK will continue to work collaboratively with each regional partnership to maximise the impact on their regions.