Innovate UK: Expenditure

(asked on 11th July 2022) - 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 the total spend was of Innovate UK in each of the last five years; and what proportion of that spending went on universities.


Answered by
Jane Hunt Portrait
Jane Hunt
This question was answered on 14th July 2022

The information requested is as follows:

Year

Total Award by Innovate UK

Award to Academic Institutions

Academic Institutions % of total

2017

£1,045m

£159m

15%

2018

£2,353m

£179m

8%

2019

£1,097m

£207m

19%

2020

£1,491m

£243m

16%

2021

£815m

£125m

15%

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