Innovate UK: Finance

(asked on 10th February 2020) - View Source

Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what proportion of project collaborators in Innovate UK core funding grants awarded to Higher Education Institutions were (a) SMEs and (b) large companies in each sector in each year since 2010.


Answered by
Amanda Solloway Portrait
Amanda Solloway
Government Whip, Lord Commissioner of HM Treasury
This question was answered on 18th February 2020

The table below describes the proportion of Innovate UK projects that have an academic partner with either a large business or SME. As some projects will involve both large businesses and SMEs, the percentages will not add up to 100%. This does not provide an industry sector breakdown as this information is not recorded.

The figures for 2019 to 2020 show funding at the time of the question rather than final year-end figures. These are subject to change as the current financial year has not yet concluded.

10/11

11/12

12/13

13/14

14/15

15/16

16/17

17/18

18/19

19/20

Proportion Large

46%

45%

63%

50%

47%

47%

36%

34%

22%

29%

Proportion SME

80%

76%

68%

86%

86%

83%

89%

85%

85%

79%

Reticulating Splines