Economic Data Innovation Fund

(asked on 4th September 2023) - View Source

Question to the HM Treasury:

To ask the Chancellor of the Exchequer, which projects received funding from the Economic Data Innovation Fund in the period since the Budget in 2020; and, for each project, (a) which organisation received the funding, (b) how much funding was allocated, (c) what the timescale was over which the project was to be carried out and (d) what the purpose was of the project.


Answered by
Andrew Griffith Portrait
Andrew Griffith
Minister of State (Department for Science, Innovation and Technology)
This question was answered on 12th September 2023

Since the 2020 Budget £11 million has been awarded, across 50 successful bids. The Office for National Statistics received the most funding with just under £5 million all told. The Bank of England received £1.3 million, HM Treasury £1 million, DHLUC £1 million, and £2.5 million across other departments. Each project aims to create, acquire or use data to further the government’s economic objectives.

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