Advanced Research Projects Agency: Finance
(asked on 11th January 2021) - View Source
Question to the HM Treasury:
To ask the Chancellor of the Exchequer, with reference to the 2020 Spending Review and the £800 million allocated to the high-risk, high-reward programme, when the remaining £750 million will become available, and whether this will be in phases or in one instalment.
This question was answered on 14th January 2021
In the Spending Review the Government announced an annual profile for high-risk, high-reward research rounded to the nearest £0.1bn. This profile is £0.1bn in 2021-22, £0.3bn in 2022-23, £0.3bn in 2023-24 and £0.3bn in 2024-2025.