UK Research and Innovation: Finance
The question
To ask the Secretary of State for Science, Innovation and Technology, with reference to the English Devolution White Paper, published on 16 December 2024, within what timeframe UKRI expects to deliver a future regional innovation funding programme.
Answered by Feryal Clark
We are developing a new local innovation funding programme to support high potential innovation clusters across the country, with delivery timelines subject to the outcome of the next phase of the Spending Review.
Our new programme will build on our experience of delivering initiatives such as the Innovation Accelerator pilots. At Budget, we announced these would be extended into 2025/26, delivering funding and bespoke support to bolster high-potential innovation clusters in Greater Manchester, Glasgow City Region, and the West Midlands.
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