Optoelectronics

(asked on 10th July 2019) - View Source

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

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding has been allocated to the optoelectronics industry in the UK in each year for which figures are available.


Answered by
Chris Skidmore Portrait
Chris Skidmore
This question was answered on 15th July 2019

Our ambition is to increase total R&D investment to 2.4% of GDP by 2027, and 3% in the long term. Successive UK Governments have supported the principle that funding for basic research should be awarded through competitive processes on the basis of excellence and likely impact - as assessed through peer review.

UK Research and Innovation, a partner organisation of BEIS, primarily engages with industry through Innovate UK. The table below shows the amount committed by Innovate UK to projects involving optoelectronics in each of the last 5 years. These figures focus on funds to industry and, as such, exclude funding towards research-focused partners such as academics or charities.

Commitment Year

Grant Offered (Commitment)

2014/15

£3,530,324

2015/16

£1,944,112

2016/17

£3,676,222

2017/18

£5,225,330

2018/19

£822,952

Note: as this is committed funding the 2018/19 figures do not include where an offer letter has been sent but no agreement has yet been reached. As such this will not reflect the full amount of funding committed in that year.

Funding for research into optoelectronics is also provided by the Engineering and Physical Sciences Research Council.

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