Small and medium sized enterprises in the East Midlands can access business advice through their local Growth Hubs. Led and governed by Local Enterprise Partnerships (LEP), Growth Hubs provide a free, impartial, \u2018single point of contact\u2019 to help businesses in the area identify and access the right support for them at the right time no matter their size or sector. The LEPs which cover the East Midlands have self-reported that in FY2017-2018 their Growth Hubs supported over 12,000 businesses and helped over 300 individuals start a business<\/p>
<\/p>
Since its creation in 2012, the Government-backed Start Up Loans company has made 3,573 loans worth over £25.5m to the East Midlands region. In the Mansfield constituency, 66 loans have been made worth £503,200[1].<\/p>
<\/p>
April 2019\u2019s increase in the National Living Wage (NLW) means that 157,000 workers in the East Midlands have received an inflation-beating pay rise of 4.9%. The latest estimates suggest that 5,000 workers in Mansfield are receiving the NLW and National Minimum Wage.<\/p>
<\/p>
The Industrial Strategy is creating an economy that works for everyone; setting out a long-term plan to boost productivity by backing businesses to create good jobs and increase the earning power of people throughout the United Kingdom. Nationally, the Government is providing up to £18.6 million to Be the Business to increase firm level productivity by supporting SMEs to make simple changes and learn from each other.<\/p>
<\/p>
And the £9 million Business Basics Programme is testing innovative ways of encouraging SMEs to take-up proven technology and business practices that can boost productivity. A total of £2 million\u202fhas been allocated to projects\u202ffrom the first round of the Business Basics Fund and we are expecting to allocate a\u202ffurther £2 million of funding\u202fin Autumn 2019.<\/p>
<\/p>
[1] At May 2019<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4487", "label" : {"_value" : "Biography information for Kelly Tolhurst"} } , "answeringMemberConstituency" : {"_value" : "Rochester and Strood"} , "answeringMemberPrinted" : {"_value" : "Kelly Tolhurst"} , "dateOfAnswer" : {"_value" : "2019-06-26", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-06-26T11:53:14.123Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2019-06-17", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Small Businesses: East Midlands"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, what recent steps the Government has taken to boost the productivity of small and medium-sized enterprises in the East Midlands.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4663", "label" : {"_value" : "Biography information for Ben Bradley"} } , "tablingMemberConstituency" : {"_value" : "Mansfield"} , "tablingMemberPrinted" : [{"_value" : "Ben Bradley"} ], "uin" : "265575"} , {"_about" : "http://data.parliament.uk/resources/1132448", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1132448/answer", "answerText" : {"_value" : "
Workers within the offshore oil and gas industry in internal or territorial waters, or working regarding exploitation of the continental shelf, are entitled to the same protections as UK workers. This includes receiving the National Minimum Wage for all their work on installation, construction and maintenance, regardless of nationality or where they ordinarily work. As with all other workers, their terms and conditions of employment are for negotiation and agreement between employers and employees (or their representatives). Once agreed they form a legally binding contract of employment. While it is always open to either party to seek to renegotiate the terms of the contract, if the employer changes any of the terms without the employee\u2019s agreement, the employee may be entitled to seek legal redress.<\/p>
<\/p>
Agency workers\u2019 rights conferred by the Agency Worker Regulations 2010 are self-enforced at an Employment Tribunal. The enforcement body for the recruitment sector, the Employment Agency Standards inspectorate (EAS), investigates every relevant complaint that falls under its remit as set out in the Employment Agencies Act 1973 and has a strong track record in upholding the rights of agency workers.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4487", "label" : {"_value" : "Biography information for Kelly Tolhurst"} } , "answeringMemberConstituency" : {"_value" : "Rochester and Strood"} , "answeringMemberPrinted" : {"_value" : "Kelly Tolhurst"} , "dateOfAnswer" : {"_value" : "2019-06-24", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "265513"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-06-24T15:28:43.167Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2019-06-17", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Offshore Industry: Agency Workers"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he is taking to ensure that the employment of agency workers on drilling rigs in the offshore drilling industry is compliant with the provisions of the Agency Workers Regulations 2010.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4122", "label" : {"_value" : "Biography information for Alex Cunningham"} } , "tablingMemberConstituency" : {"_value" : "Stockton North"} , "tablingMemberPrinted" : [{"_value" : "Alex Cunningham"} ], "uin" : "265512"} , {"_about" : "http://data.parliament.uk/resources/1132449", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1132449/answer", "answerText" : {"_value" : "
Workers within the offshore oil and gas industry in internal or territorial waters, or working regarding exploitation of the continental shelf, are entitled to the same protections as UK workers. This includes receiving the National Minimum Wage for all their work on installation, construction and maintenance, regardless of nationality or where they ordinarily work. As with all other workers, their terms and conditions of employment are for negotiation and agreement between employers and employees (or their representatives). Once agreed they form a legally binding contract of employment. While it is always open to either party to seek to renegotiate the terms of the contract, if the employer changes any of the terms without the employee\u2019s agreement, the employee may be entitled to seek legal redress.<\/p>
<\/p>
Agency workers\u2019 rights conferred by the Agency Worker Regulations 2010 are self-enforced at an Employment Tribunal. The enforcement body for the recruitment sector, the Employment Agency Standards inspectorate (EAS), investigates every relevant complaint that falls under its remit as set out in the Employment Agencies Act 1973 and has a strong track record in upholding the rights of agency workers.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4487", "label" : {"_value" : "Biography information for Kelly Tolhurst"} } , "answeringMemberConstituency" : {"_value" : "Rochester and Strood"} , "answeringMemberPrinted" : {"_value" : "Kelly Tolhurst"} , "dateOfAnswer" : {"_value" : "2019-06-24", "_datatype" : "dateTime"} , "groupedQuestionUIN" : {"_value" : "265512"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-06-24T15:28:43.22Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2019-06-17", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Offshore Industry: Conditions of Employment"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, if he will make an assessment of changes in employment practices of major drilling contractors in the offshore oil and gas industry since 2015.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4122", "label" : {"_value" : "Biography information for Alex Cunningham"} } , "tablingMemberConstituency" : {"_value" : "Stockton North"} , "tablingMemberPrinted" : [{"_value" : "Alex Cunningham"} ], "uin" : "265513"} , {"_about" : "http://data.parliament.uk/resources/1132450", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1132450/answer", "answerText" : {"_value" : "
The Government is committed to the long-term future of the oil and gas sector which supports over 280,000 jobs and has been one of our great industrial success stories over the past 50 years.<\/p>
<\/p>
In 2015, the Government established the Oil and Gas Authority (OGA), which works hard to attract investment and jobs, helping to anchor valuable skills and expertise in the UK, and prioritises revitalising offshore exploration.<\/p>
<\/p>
In recent years, the Government has provided unprecedented levels of support to the offshore oil and gas sector to encourage investment in the sector and support jobs, placing the UK Continental Shelf (UKCS) amongst the most competitive fiscal regimes in the world. Work is ongoing to ensure the fiscal and regulatory regime is appropriate to support the UKCS and ensure the basin remains open for business.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4021", "label" : {"_value" : "Biography information for Chris Skidmore"} } , "answeringMemberConstituency" : {"_value" : "Kingswood"} , "answeringMemberPrinted" : {"_value" : "Chris Skidmore"} , "dateOfAnswer" : {"_value" : "2019-06-20", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2019-06-20T15:41:49.543Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2019-06-17", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Offshore Industry: Conditions of Employment"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, what steps he has taken to protect (a) employment and (b) skills in the North Sea drilling industry since January 2015.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/4122", "label" : {"_value" : "Biography information for Alex Cunningham"} } , "tablingMemberConstituency" : {"_value" : "Stockton North"} , "tablingMemberPrinted" : [{"_value" : "Alex Cunningham"} ], "uin" : "265514"} , {"_about" : "http://data.parliament.uk/resources/1132532", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1132532/answer", "answerText" : {"_value" : "
We have announced increases in public R&D spending worth £7bn up to 2021/2022, and we are working with UK Research and Innovation and other key partners to develop a roadmap that sets out how government and industry will work together to reach our target of increasing R&D investment to 2.4% of GDP by 2027, which would be the highest recorded level, and 3% in the longer-term.<\/p>
<\/p>
Over the last 12 years Innovate UK, now part of UK Research and Innovation, has invested over £2.2 billion in innovation. This has spanned more than 11,000 projects that have generated up to £16 billion in Gross Value Added for the UK economy and 70,000 jobs.<\/p>
<\/p>
Innovate UK funding allocated to research and development in each year since its inception<\/p>
<\/p>
The table below shows the amount that Innovate UK has committed to funding on Research and Development by the year that the commitment was made.<\/p>
<\/p>
Research and development funding<\/p><\/td><\/tr> | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
2006/07<\/strong><\/p><\/td> £132,567,298<\/p><\/td><\/tr> 2007/08<\/strong><\/p><\/td> £213,616,199<\/p><\/td><\/tr> 2008/09<\/strong><\/p><\/td> £157,783,658<\/p><\/td><\/tr> 2009/10<\/strong><\/p><\/td> £176,074,877<\/p><\/td><\/tr> 2010/11<\/strong><\/p><\/td> £165,808,723<\/p><\/td><\/tr> 2011/12<\/strong><\/p><\/td> £175,196,331<\/p><\/td><\/tr> 2012/13<\/strong><\/p><\/td> £411,198,932<\/p><\/td><\/tr> 2013/14<\/strong><\/p><\/td> £523,897,372<\/p><\/td><\/tr> 2014/15<\/strong><\/p><\/td> £535,675,661<\/p><\/td><\/tr> 2015/16<\/strong><\/p><\/td> £643,691,098<\/p><\/td><\/tr> 2016/17<\/strong><\/p><\/td> £550,005,038<\/p><\/td><\/tr> 2017/18<\/strong><\/p><\/td> £821,634,047<\/p><\/td><\/tr> 2018/19<\/strong><\/p><\/td> £827,948,763<\/p><\/td><\/tr><\/tbody><\/table> <\/p> [Note: This excludes funding of networks such as the Knowledge Transfer Network and other product types such as vouchers and Catapult Centre funding].<\/p> <\/p> How much funding Innovate UK plans to allocate to research and development in each of the next five years<\/p> <\/p> Financial allocations for 19/20 have been announced in the Innovate UK delivery plan (https://www.ukri.org/files/about/dps/innovate-uk-dp-2019/<\/a> ). Future years are subject to Spending Review.<\/p> <\/p> <\/p> <\/p> How many projects Innovate UK has provided funding for in England, Wales, Scotland, Northern Ireland, and London, and the South East in each year since its inception.<\/p> <\/p> The table below shows the number of projects Innovate UK have funded by region of the UK in which the lead organisations were registered. Numbers are based on the year in which the commitment was made.<\/p> <\/p><\/td> England<\/strong><\/p><\/td> Wales<\/strong><\/p><\/td> Scotland<\/strong><\/p><\/td> Northern Ireland<\/strong><\/p><\/td> London and the South East<\/strong><\/p><\/td><\/tr> 2006/07<\/strong><\/p><\/td> 211<\/p><\/td> 7<\/p><\/td> 14<\/p><\/td> 2<\/p><\/td> 91<\/p><\/td><\/tr> 2007/08<\/strong><\/p><\/td> 230<\/p><\/td> 5<\/p><\/td> 15<\/p><\/td> 4<\/p><\/td> 98<\/p><\/td><\/tr> 2008/09<\/strong><\/p><\/td> 294<\/p><\/td> 4<\/p><\/td> 23<\/p><\/td> 1<\/p><\/td> 144<\/p><\/td><\/tr> 2009/10<\/strong><\/p><\/td> 513<\/p><\/td> 14<\/p><\/td> 29<\/p><\/td> 10<\/p><\/td> 272<\/p><\/td><\/tr> 2010/11<\/strong><\/p><\/td> 666<\/p><\/td> 20<\/p><\/td> 69<\/p><\/td> 4<\/p><\/td> 286<\/p><\/td><\/tr> 2011/12<\/strong><\/p><\/td> 1054<\/p><\/td> 20<\/p><\/td> 63<\/p><\/td> 15<\/p><\/td> 350<\/p><\/td><\/tr> 2012/13<\/strong><\/p><\/td> 1587<\/p><\/td> 55<\/p><\/td> 116<\/p><\/td> 30<\/p><\/td> 618<\/p><\/td><\/tr> 2013/14<\/strong><\/p><\/td> 2019<\/p><\/td> 58<\/p><\/td> 135<\/p><\/td> 17<\/p><\/td> 756<\/p><\/td><\/tr> 2014/15<\/strong><\/p><\/td> 2640<\/p><\/td> 98<\/p><\/td> 237<\/p><\/td> 44<\/p><\/td> 1011<\/p><\/td><\/tr> 2015/16<\/strong><\/p><\/td> 2533<\/p><\/td> 98<\/p><\/td> 227<\/p><\/td> 40<\/p><\/td> 1051<\/p><\/td><\/tr> 2016/17<\/strong><\/p><\/td> 1265<\/p><\/td> 53<\/p><\/td> 107<\/p><\/td> 52<\/p><\/td> 491<\/p><\/td><\/tr> 2017/18<\/strong><\/p><\/td> 1693<\/p><\/td> 64<\/p><\/td> 153<\/p><\/td> 39<\/p><\/td> 703<\/p><\/td><\/tr> 2018/19<\/strong><\/p><\/td> 1569<\/p><\/td> 60<\/p><\/td> 129<\/p><\/td> 56<\/p><\/td> 699<\/p><\/td><\/tr><\/tbody><\/table> <\/p> <\/p> <\/p> How much funding Innovate UK has allocated in England, Wales, Scotland, Northern Ireland, and London, and the South East in each year since its inception.<\/p> <\/p> The table below shows the total value of grants offered by Innovate UK by region of the UK in which the lead organisations were registered. Numbers represent commitment and are based on the year that commitment was made.<\/p> <\/p> <\/p><\/td> England<\/strong><\/p><\/td> Wales<\/strong><\/p><\/td> Scotland<\/strong><\/p><\/td> Northern Ireland<\/strong><\/p><\/td> London and the South East<\/strong><\/p><\/td><\/tr> 2006/07<\/strong><\/p><\/td> £117,426,262<\/p><\/td> £3,855,738<\/p><\/td> £10,744,846<\/p><\/td> £540,452<\/p><\/td> £55,878,902<\/p><\/td><\/tr> 2007/08<\/strong><\/p><\/td> £198,608,711<\/p><\/td> £5,013,249<\/p><\/td> £6,100,626<\/p><\/td> £3,880,492<\/p><\/td> £73,159,320<\/p><\/td><\/tr> 2008/09<\/strong><\/p><\/td> £142,766,161<\/p><\/td> £1,565,802<\/p><\/td> £12,254,492<\/p><\/td> £1,187,236<\/p><\/td> £43,042,978<\/p><\/td><\/tr> 2009/10<\/strong><\/p><\/td> £166,865,678<\/p><\/td> £2,298,082<\/p><\/td> £13,158,634<\/p><\/td> £3,688,488<\/p><\/td> £109,465,248<\/p><\/td><\/tr> 2010/11<\/strong><\/p><\/td> £156,155,605<\/p><\/td> £4,317,506<\/p><\/td> £12,487,494<\/p><\/td> £2,858,999<\/p><\/td> £59,966,673<\/p><\/td><\/tr> 2011/12<\/strong><\/p><\/td> £699,163,960<\/p><\/td> £5,584,958<\/p><\/td> £62,892,840<\/p><\/td> £4,624,934<\/p><\/td> £75,074,775<\/p><\/td><\/tr> 2012/13<\/strong><\/p><\/td> £661,810,021<\/p><\/td> £8,615,759<\/p><\/td> £59,743,798<\/p><\/td> £4,720,327<\/p><\/td> £311,592,330<\/p><\/td><\/tr> 2013/14<\/strong><\/p><\/td> £557,276,122<\/p><\/td> £12,463,835<\/p><\/td> £21,813,818<\/p><\/td> £7,134,544<\/p><\/td> £230,497,417<\/p><\/td><\/tr> 2014/15<\/strong><\/p><\/td> £1,097,629,553<\/p><\/td> £12,963,304<\/p><\/td> £105,420,565<\/p><\/td> £11,223,022<\/p><\/td> £578,784,867<\/p><\/td><\/tr> 2015/16<\/strong><\/p><\/td> £631,354,881<\/p><\/td> £14,910,639<\/p><\/td> £32,672,269<\/p><\/td> £10,367,163<\/p><\/td> £230,784,284<\/p><\/td><\/tr> 2016/17<\/strong><\/p><\/td> £668,901,947<\/p><\/td> £18,936,577<\/p><\/td> £26,605,922<\/p><\/td> £11,252,102<\/p><\/td> £263,758,754<\/p><\/td><\/tr> 2017/18<\/strong><\/p><\/td> £969,369,925<\/p><\/td> £22,808,398<\/p><\/td> £43,580,722<\/p><\/td> £6,139,749<\/p><\/td> £366,559,808<\/p><\/td><\/tr> 2018/19<\/strong><\/p><\/td> £1,782,244,610<\/p><\/td> £66,263,287<\/p><\/td> £164,476,668<\/p><\/td> £25,554,284<\/p><\/td> £687,404,414<\/p><\/td><\/tr> 2018/2019<\/strong> Population (mid 2017 from ONS)<\/strong><\/p><\/td> 55,619,430<\/p><\/td> 3,125,165<\/p><\/td> 5,424,800<\/p><\/td> 1,870,834<\/p><\/td> 17,905,826<\/p><\/td><\/tr> 2018/2019<\/strong> Per Capita commitment<\/strong><\/p><\/td> £32.04<\/p><\/td> £21.20<\/p><\/td> £30.32<\/p><\/td> £13.66<\/p><\/td> £38.39<\/p><\/td><\/tr><\/tbody><\/table>"}
, "answeringMember" : {"_about" : "http://data.parliament.uk/members/4021", "label" : {"_value" : "Biography information for Chris Skidmore"}
}
, "answeringMemberConstituency" : {"_value" : "Kingswood"}
, "answeringMemberPrinted" : {"_value" : "Chris Skidmore"}
, "dateOfAnswer" : {"_value" : "2019-06-24", "_datatype" : "dateTime"}
, "groupedQuestionUIN" : [{"_value" : "265481"}
, {"_value" : "265482"}
, {"_value" : "265483"}
], "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"}
, "questionFirstAnswered" : [{"_value" : "2019-06-24T09:34:57.033Z", "_datatype" : "dateTime"}
]}
, "answeringDeptId" : {"_value" : "201"}
, "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"}
, "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"}
, "date" : {"_value" : "2019-06-17", "_datatype" : "dateTime"}
, "hansardHeading" : {"_value" : "Innovate UK"}
, "houseId" : {"_value" : "1"}
, "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"}
}
], "questionText" : "To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding Innovate UK has allocated to research and development in each year since its inception.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"}
, "tablingMember" : {"_about" : "http://data.parliament.uk/members/3943", "label" : {"_value" : "Biography information for Jonathan Edwards"}
}
, "tablingMemberConstituency" : {"_value" : "Carmarthen East and Dinefwr"}
, "tablingMemberPrinted" : [{"_value" : "Jonathan Edwards"}
], "uin" : "265480"}
, {"_about" : "http://data.parliament.uk/resources/1132533", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"}
], "answer" : {"_about" : "http://data.parliament.uk/resources/1132533/answer", "answerText" : {"_value" : " We have announced increases in public R&D spending worth £7bn up to 2021/2022, and we are working with UK Research and Innovation and other key partners to develop a roadmap that sets out how government and industry will work together to reach our target of increasing R&D investment to 2.4% of GDP by 2027, which would be the highest recorded level, and 3% in the longer-term.<\/p> <\/p> Over the last 12 years Innovate UK, now part of UK Research and Innovation, has invested over £2.2 billion in innovation. This has spanned more than 11,000 projects that have generated up to £16 billion in Gross Value Added for the UK economy and 70,000 jobs.<\/p> <\/p> Innovate UK funding allocated to research and development in each year since its inception<\/p> <\/p> The table below shows the amount that Innovate UK has committed to funding on Research and Development by the year that the commitment was made.<\/p> <\/p> Research and development funding<\/p><\/td><\/tr> 2006/07<\/strong><\/p><\/td> £132,567,298<\/p><\/td><\/tr> 2007/08<\/strong><\/p><\/td> £213,616,199<\/p><\/td><\/tr> 2008/09<\/strong><\/p><\/td> £157,783,658<\/p><\/td><\/tr> 2009/10<\/strong><\/p><\/td> £176,074,877<\/p><\/td><\/tr> 2010/11<\/strong><\/p><\/td> £165,808,723<\/p><\/td><\/tr> 2011/12<\/strong><\/p><\/td> £175,196,331<\/p><\/td><\/tr> 2012/13<\/strong><\/p><\/td> £411,198,932<\/p><\/td><\/tr> 2013/14<\/strong><\/p><\/td> £523,897,372<\/p><\/td><\/tr> 2014/15<\/strong><\/p><\/td> £535,675,661<\/p><\/td><\/tr> 2015/16<\/strong><\/p><\/td> £643,691,098<\/p><\/td><\/tr> 2016/17<\/strong><\/p><\/td> |