Question to the Department for Business and Trade:

To ask the Secretary of State for Business and Trade, how much funding was made available through the British Business Bank's National Security Strategic Investment Fund in each industrial sector in each year since its establishment.

As of June 2023, the National Security Strategic Investment Fund (NSSIF) has committed £220m to British Business Bank backed funds, of which £92m has been invested in 217 companies across twelve areas of interest. Private sector investors have invested £718m alongside NSSIF. The sectoral breakdown across the twelve areas of interest is as follows: Audio and Visual Processing £1.1m, Biorisk and Medtech £10.8m, Commercial Space, Platforms and Robotics £1.6m, Computational Behavioural Analysis £1.3m, Cyber Security £14.0m, Data Analytics and AI £28.6m, Financial Technologies £21.7m, Identity Technologies £6.8m, IOT and the Evolving Environment £1.0m, Novel Data Transport £0.1m, Quantum Technologies £2.1m, Sensors, Novel Materials and Power Sources £2.9m