Innovate UK: Expenditure

(asked on 14th December 2021) - 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 provide a breakdown of Innovate UK expenditure during the financial year ended 5 April 2021 of (a) employees, (b) individual contractors and consultations, excluding KTN, (c) other Innovate UK operational spending and overheads, (d) Industrial Strategy Challenge Fund grants, (e) other R&D grants, (f) SBRI contracts, excluding contract funding coming from other parts of the public sector, (g) loans to businesses, (h) core funding of catapults, (i) KTN operations, (j) other Innovate UK programmes and (k) other expenditures; and if he will make an estimate of how those annual expenditures are planned to change over the Spending Review.


Answered by
George Freeman Portrait
George Freeman
This question was answered on 22nd December 2021

A breakdown of expenditure for the whole of UKRI is set out in the UKRI annual report and accounts for 2020-21 (Note 2 Page 158)[1].

[1] UKRI-200721-AnnualReport2020-2021.pdf

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