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UK Research and Innovation: Finance

Asked by Helen MorganLiberal DemocratDepartment for Science, Innovation and TechnologyTabled Answered 13 November 2024UIN 12797

The question

To ask the Secretary of State for Science, Innovation and Technology, what assessment he has made of the effectiveness of UKRI funding in helping innovative projects scale-up.

Answered by Feryal Clark

Criteria assessing the impact and effectiveness of UKRI funding to support scale-up of innovative projects are consistently tracked through the UKRI Commercialisation Monitoring Framework, as well as Innovate UK’s Impact Management Framework.

All evaluations are published on UKRI’s website and are used to inform future approach and investments.

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