National Security Strategic Investment Fund
The question
To ask the Secretary of State for Science, Innovation and Technology, how much funding has been allocated from the National Security Strategic Investment Fund to the defence sector in each financial year between 2025-26 and 2029-30.
Answered by Kanishka Narayan
NSSIF does not currently demark a portion of its allocation for solely defence investments, as investments are made in startups with technologies relevant across NS&D use cases. NSSIF invests in dual-use advanced technology companies to provide future capabilities to National Security and Defence (NS&D). Investments are made for the purpose of NS&D, though provide wider benefits to industrial strategy sectors. As part of the recent Spending Review process, NSSIF has been awarded up to £330m to invest in the financial years 2026-27 to 2029-30, as set out in the modern industrial strategy.
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