UK Defence Innovation: Finance
The question
To ask the Secretary of State for Defence, what proportion of the £400 million allocated to UK Defence Innovation in 2025-26 will be available to firms outside the designated factory locations, including in the North West.
Answered by Luke Pollard
UK Defence Innovation (UKDI) will support high-tech businesses across the UK, including the North west. The ringfenced budget of £400 million for 2025-26 will focus on novel technologies, including dual-use systems.
UKDI will invest in structures to support business growth and to increase investment into SMEs, start-ups, and non-traditional defence suppliers to support a diverse and agile supply chain across the UK.
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