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, if he will publish a breakdown of Innovate UK's annual spending by (a) sector, (b) funding stage and (c) technology preparedness level.


Answered by
Jane Hunt Portrait
Jane Hunt
This question was answered on 18th July 2022

Innovate UK’s business awarded grant support by Sector based on their Company House registered Standard Industrial Classification (SIC) code (where available):

SIC 2007 Section Description

2017

2018

2019

2020

2021

2022

Accommodation and Food Service

£0.34m

£0.86m

£0.06m

Administrative and Support Service

£19.09m

£17.30m

£57.93m

£39.52m

£23.77m

£3.78m

Agriculture, Forestry and Fishing

£4.10m

£4.10m

£39.1m

£8.28m

£2.88m

£1.46m

Arts, Entertainment and Recreation

£0.12m

£0.44m

£1.65m

£2.29m

£1.38m

£0.15m

Construction

£2.62m

£4.49m

£7.68m

£8.09m

£1.61m

£0.36m

Education

£0.33m

£3.18m

£2.12m

£5.81m

£0.70m

£0.79m

Electricity, Gas etc.

£2.75m

£2.37m

£20.06m

£6.50m

£4.26m

£0.57m

Financial and Insurance

£1.93m

£0.98m

£4.86m

£9.45m

£6.42m

£0.09m

Human Health and Social Work

£1.96m

£7.04m

£9.27m

£9.97m

£3.75m

£2.56m

Information and Communication

£69.90m

£73.02m

£89.01m

£172.27m

£99.32m

£25.08m

Manufacturing

£313.78m

£318.42m

£221.84m

£361.92m

£241.56m

£32.31m

Mining and Quarrying

£0.40m

£1.14m

£0.85m

£2.64m

£2.80m

£0.04m

Other Service

£12.22m

£3.63m

£4.29m

£7.03m

£6.90m

£1.76m

Professional, Scientific and Technical

£167.26m

£190.60m

£229.29m

£261.64m

£180.19m

£49.85m

Public Administration

£0.14m

£0.07m

£1.79m

£1.93m

£0.08m

Real Estate

£0.11m

£0.33m

£0.44m

£2.84m

£0.54m

Transportation and Storage

£4.79m

£1.02m

£2.35m

£7.00m

£2.09m

£0.30m

Water & Sewage

£3.16m

£3.84m

£1.56m

£5.80m

£5.34m

£1.68m

Wholesale & Retail

£9.01m

£7.53m

£18.44m

£16.36m

£9.52m

£2.94m

Unknown / Not Provided

£24.15m

£19.08m

£43.43m

£7.09m

£23.39m

£4.46m

Data is not routinely collected on business funding stage. or technology preparedness level. Innovate UK programmes may have a focus for both of these scales but will support a range of innovation within them. Innovate UK’s role is to enable business-led innovation across the UK, helping businesses at all stages grow through technology development and commercialisation

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