Innovation: Investment
The question
To ask the Secretary of State for Science, Innovation and Technology, what steps she is taking to support locally led innovation investment in a) Ribble Valley constituency and b) Lancashire.
Answered by Kanishka Narayan
Through the Lancashire Devolution Deal, the Government is providing up to £20 million in capital funding during the current Spending Review period to support innovation-led growth across Lancashire, including assets to maximise the benefits of the National Cyber Force Headquarters at Samlesbury, which lies within Ribble Valley constituency.
UKRI funding for Lancashire increased from £97 million in 2022–23 to £107 million in 2023–24, demonstrating continued investment in the region's research and innovation strengths.
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