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Written question asked by Edward Morello (Liberal Democrat) on Friday, 8 November 2024, in the House of Commons. It was due for an answer on Tuesday, 12 November 2024. It was answered by Feryal Clark (Labour) on Thursday, 19 December 2024 on behalf of the Department for Science, Innovation and Technology.


Innovation and New Businesses: Rural Areas

Question

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.

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.


Secondary information

Type
Written question
Reference
13301
Session
2024-26
Subjects
Innovation Rural areas Technology New businesses
Link
View this Written question on www.parliament.uk