UK Research and Innovation: Staff
The question
To ask the Secretary of State for Science, Innovation and Technology, pursuant to the Answer of 17 January 2024 to Question 23744 on UK Research and Innovation: Staff, how much funding Innovate UK has allocated for business growth advisors in the 2024-25 financial year.
Answered by Feryal Clark
The funding for IUK Business Growth core advisory activities for 2024-25 is £41.8m, servicing approximately 10,000 innovative businesses a year with light touch Growth, or more intensive High Growth/Scaling support, this data is published as part of Innovate UK’s “Transparency data”.
The Business Growth advisors (Full Time Equivalent) per region is as per the table below, the group marked national work cross-regionally:
Region | Approx. FTE | % split |
National | 44 | 9% |
Wales | 22 | 5% |
Scotland | 16 | 3% |
Northern Ireland | 6 | 1% |
North | 73 | 16% |
Midlands | 44 | 9% |
East | 88 | 19% |
South West | 53 | 11% |
South East | 48 | 10% |
London | 71 | 15% |
Total | 464 |
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