We have supported grant funding to Tech Nation since 2017 to accelerate the growth of startups and scaleups across the UK and are grateful for their efforts.<\/p>
We remain committed to our vision for the UK to be the best place to start and grow a digital business. Via the Digital Growth Grant, the government will provide £12 million to help startup and scaleup tech ecosystems in FY23/24-24/25.<\/p>
The Digital Growth Grant was awarded via a competitive process, bringing this public funding into line with the majority of government grants. We announced that we would move to compete the funding on 11 April 2022. Following a period of market engagement and sector consultation, applications were opened in June and bidders notified in September 2022.<\/p>
Barclays Eagle Labs was awarded the Digital Growth Grant because their application achieved the highest score against publicly available criteria when assessed by an independent panel. Their application represented the best value for taxpayers\u2019 money, and will benefit the most startups and scale-ups over the next two financial years.<\/p>
Barclays Eagle Labs will support over 22,000 businesses over the next two years, with at least 80% based outside London. As well as expanding access to Eagle Labs\u2019 existing programmes and mentoring opportunities, to allow for even more businesses to be supported, they will also provide new growth programmes for start-ups and scale-ups, for example:<\/p>
A new accelerator programme which will be targeted at Black-founded tech businesses who are at, or are about to enter, their scaleup stage.<\/p><\/li>
The new Scaleup Programme that will provide the leadership teams of technology scaleups with tailored coaching to help address their bespoke challenges and achieve their potential.<\/p><\/li><\/ul>
<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4414", "label" : {"_value" : "Biography information for Paul Scully"} } , "answeringMemberConstituency" : {"_value" : "Sutton and Cheam"} , "answeringMemberPrinted" : {"_value" : "Paul Scully"} , "dateOfAnswer" : {"_value" : "2023-03-02", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2023-03-02T15:57:00.427Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "216"} , "answeringDeptShortName" : {"_value" : "Science, Innovation and Technology"} , "answeringDeptSortName" : {"_value" : "Science, Innovation and Technology"} , "date" : {"_value" : "2023-02-24", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Tech Nation"} , "houseId" : {"_value" : "1"} , "legislature" : [{"_about" : "http://data.parliament.uk/terms/25259", "prefLabel" : {"_value" : "House of Commons"} } ], "questionText" : "To ask Secretary of State for Science, Innovation and Technology, for what reason her Department discontinued grant funding to TechNation; and whether her Department is taking steps to help support scaleup tech ecosystems in the 2023-24 financial year.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/242", "label" : {"_value" : "Biography information for Sir Christopher Chope"} } , "tablingMemberConstituency" : {"_value" : "Christchurch"} , "tablingMemberPrinted" : [{"_value" : "Sir Christopher Chope"} ], "uin" : "152187"} , {"_about" : "http://data.parliament.uk/resources/1346877", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1346877/answer", "answerText" : {"_value" : "
The Better Regulation Framework as agreed across government is clear on the requirements for impact assessments, and we continue to push departments to adhere to these requirements.<\/p>
<\/p>
We do this through support from the Better Regulation Executive (BRE) in providing extensive support and guidance on better regulation and impact assessments, and through a Cross-Whitehall training delivered by jointly by BRE and the Regulatory Policy Committee (RPC), which covers everything from better regulation policy to conducting an impact assessment is also available and offered to departments.<\/p>
<\/p>
We also encourage departmental engagement with the RPC in the early stages of the policy development process for their advice on the proposed analysis to support the policy.<\/p>
<\/p>
We are confident that efforts by the Better Regulation Executive and the Regulatory Policy Committee will continue to improve the regulatory impact assessment process, while the impending reforms to the better regulation framework will also look to enhance the process.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4414", "label" : {"_value" : "Biography information for Paul Scully"} } , "answeringMemberConstituency" : {"_value" : "Sutton and Cheam"} , "answeringMemberPrinted" : {"_value" : "Paul Scully"} , "dateOfAnswer" : {"_value" : "2021-07-19", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2021-07-19T16:29:15.577Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2021-07-14", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Government Departments: Impact Assessments"} , "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 help ensure Government Departments comply with the Principles of the Better Regulation Framework, interim guidance, published in March 2020, on impact assessments; and if he will make a statement.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/242", "label" : {"_value" : "Biography information for Sir Christopher Chope"} } , "tablingMemberConstituency" : {"_value" : "Christchurch"} , "tablingMemberPrinted" : [{"_value" : "Sir Christopher Chope"} ], "uin" : "33108"} , {"_about" : "http://data.parliament.uk/resources/1283620", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1283620/answer", "answerText" : {"_value" : "
The Government has been following closely the sale of Cobham Mission Systems to Eaton Corporation plc. The undertakings given to the Government by Advent International when it purchased Cobham in 2020 do not prevent the sale of the whole or parts of Cobham by Advent International. As a result of the sale of Cobham Mission Systems, Advent International is no longer bound by the undertakings in respect of Cobham Mission Systems. Any safeguards to address concerns arising from the sale of Cobham Mission Systems will be considered separately with the new owners.<\/p>"} , "answeringMember" : {"_about" : "http://data.parliament.uk/members/4414", "label" : {"_value" : "Biography information for Paul Scully"} } , "answeringMemberConstituency" : {"_value" : "Sutton and Cheam"} , "answeringMemberPrinted" : {"_value" : "Paul Scully"} , "dateOfAnswer" : {"_value" : "2021-02-08", "_datatype" : "dateTime"} , "isMinisterialCorrection" : {"_value" : "false", "_datatype" : "boolean"} , "questionFirstAnswered" : [{"_value" : "2021-02-08T17:17:54.303Z", "_datatype" : "dateTime"} ]} , "answeringDeptId" : {"_value" : "201"} , "answeringDeptShortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "answeringDeptSortName" : {"_value" : "Business, Energy and Industrial Strategy"} , "date" : {"_value" : "2021-02-03", "_datatype" : "dateTime"} , "hansardHeading" : {"_value" : "Advent International: Cobham"} , "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, whether the legally binding undertakings given to the Government by Advent International when its purchase of Cobham was agreed in 2020 remain valid in respect of Cobham Mission Systems following the further sale of that business by Advent International to Eaton; and if he will make a statement.", "registeredInterest" : {"_value" : "false", "_datatype" : "boolean"} , "tablingMember" : {"_about" : "http://data.parliament.uk/members/242", "label" : {"_value" : "Biography information for Sir Christopher Chope"} } , "tablingMemberConstituency" : {"_value" : "Christchurch"} , "tablingMemberPrinted" : [{"_value" : "Sir Christopher Chope"} ], "uin" : "148678"} , {"_about" : "http://data.parliament.uk/resources/1252637", "AnsweringBody" : [{"_value" : "Department for Business, Energy and Industrial Strategy"} ], "answer" : {"_about" : "http://data.parliament.uk/resources/1252637/answer", "answerText" : {"_value" : "