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Written question asked by Chi Onwurah (Labour) on Friday, 18 November 2022, in the House of Commons. It was due for an answer on Tuesday, 22 November 2022. It was answered by George Freeman (Conservative) on Wednesday, 30 November 2022 on behalf of the Department for Business, Energy and Industrial Strategy.


Catapult Network

Question

To ask the Secretary of State for Business, Energy and Industrial Strategy, with reference to Paragraph 5.65 of the Autumn Statement 2022, CP 751 published on 17 October 2022, whether the Government plans to create new Catapults in the next 12 months.

Answer

The £1.6bn funding announced on 17 November 2022 will allow Innovate UK to fund the UK’s Catapult Network to continue supporting innovation and de-risking the transition from research to commercialisation by providing access to world-leading facilities, skills, and equipment across the UK.

Innovate UK are responsible for ensuring the UK’s Catapult Networks are maximising industrial R&D, co-investment and benefit to the UK economy and any new Catapults would need to be assessed against criteria for new Catapults to ensure they are addressing market failures or clear strategic opportunities and would be subject to sustainable funding plus Ministerial agreement.


Secondary information

Type
Written question
Reference
90793
Session
2022-23
Related items
Autumn Statement 2022
Thursday, 17 November 2022
Command papers
House of Lords
House of Commons
Subjects
Catapult Network
Link
View this Written question on www.parliament.uk