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min answer › date of answer	2022-09-28
answering body	Department for Business%2C Energy and Industrial Strategy
min answer › question first answered	2019-05-15T12:39:20.147Z
registered interest	false
uin	61105

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registered interest

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answering body

answering dept id

answering dept short name

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hansard heading

house id

legislature


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question text

tabling member constituency

tabling member printed

uin

answer

is ministerial correction

date of answer

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answer text

answering member constituency

answering member printed

question first answered

answering member


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previous answer version

answering member constituency

answering member printed

answering member


label

tabling member


label

1520622

registered interest

date

11/10/2022

answering body

Department for Business, Energy and Industrial Strategy

answering dept id

201

answering dept short name

Business, Energy and Industrial Strategy

answering dept sort name

Business, Energy and Industrial Strategy

hansard heading

Innovate UK and Universities: Finance

house id

legislature

25259

pref label	House of Commons

question text

To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 14 July 2022 to Question 33779 on Innovate UK: Expenditure, what assessment he has made of the impact of reduced funding for (a) Innovate UK and (b) awards to Academic Institutions.

tabling member constituency

Newcastle upon Tyne Central

tabling member printed

Chi Onwurah

uin

61105

answer

is ministerial correction

date of answer

18/10/2022

answer text

As set out in the answer given to Question 33779, fluctuations in investment levels between years reflect changes due to large programme awards and volumes of Covid related business support. Innovate UK’s core programmes budget is due to increase year on year throughout the current spending review period (FY22/23 to FY24/25) to £1.1bn by FY24/25, an increase of 66% on FY21/22 All IUK programmes will be subject to its new Impact Management Framework that will demonstrate clear value for money and evidence of impact. The amount of funding going to Higher Education Institutions (HEIs) will be dependent on circumstances around specific competitions and collaborations but will continue to play a vital role in IUK’s portfolio. And collaborative programmes will be subject to the same Impact Framework.

answering member constituency

Wealden

answering member printed

Ms Nusrat Ghani

question first answered

18/10/2022 12:23:44

answering member

4460

label	Biography information for Ms Nusrat Ghani

previous answer version

23339

answering member constituency

Wealden

answering member printed

Ms Nusrat Ghani

answering member

4460

label	Biography information for Ms Nusrat Ghani

tabling member

4124

label	Biography information for Chi Onwurah