Written question asked by Mike Wood (Conservative) on Wednesday, 10 June 2026, in the House of Commons. It was due for an answer on Monday, 15 June 2026. It was answered by Kanishka Narayan (Labour) on Friday, 19 June 2026 on behalf of the Department for Science, Innovation and Technology.

UK Relations with EU: Contributions

Question: To ask the Secretary of State for Science, Innovation and Technology, whether the Government plans to participate in, or contribute towards, the (a) European Innovation Council Fund and (b) Scaleup Europe Fund.

Answer: As announced by the Prime Minister on 4 May 2026, the UK Government has agreed to negotiate with the European Commission on potential participation in the equity instruments of the European Innovation Council (EIC) Fund, including the Scaleup Europe Fund. No final decision has been taken. The Government recognises the potential benefits for UK investors and innovators, as well as for strengthening UK-EU ties and supporting shared European ambitions to help the most promising companies scale in Europe. Any decision will be subject to agreeing terms that represent fair value and support UK innovation and growth objectives.

Secondary information

Type: Written question
Reference: 8541
Session: 2026-27
Related items: EU Budget: Contributions
Tuesday, 8 September 2026
Written questions
House of Commons
Transferred: Yes
Subjects: Contributions UK relations with EU
Link: View this Written question on www.parliament.uk