PARLIAMENTARY WRITTEN QUESTION
Innovation and New Businesses: Rural Areas (8 November 2024)

Question Asked

To ask the Secretary of State for Science, Innovation and Technology, what steps his Department is taking to help encourage (a) innovation and (b) tech-based start-ups in rural constituencies.

Asked by:
Edward Morello (Liberal Democrat)

Answer

DSIT is accelerating innovation through initiatives like the Higher Education Innovation Funding, currently £280m a year, enabling universities across England to support innovative new businesses in their local areas. Additionally, through the £12.2m Digital Growth Grant, DSIT supports the Ecosystem Partnership Programme which awards funding to regional organisations delivering support in their local ecosystems. This grant also supports a cohort of AgriTech businesses as part of the Industry Bridge programme, connecting startups with corporate partners, delivered by Codebase.


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