Question
To ask the Secretary of State for Business, Innovation and Skills, what estimate he has made of the proportion of the commercial gain from the work of Catapult centres that has been realised overseas.
We have established an agreed set of key performance indicators to monitor the success of the Catapult network against its primary aim of supporting innovation by UK business, and these include funding; commercial income; business clients; SME engagements; academic collaborations; and new businesses created.
Catapults collaborate with overseas entities where it is in the long-term interests of the UK economy and, in particular, to unlock opportunities for UK companies and inward investment.