Question to the Department for Business, Energy and Industrial Strategy:

To ask Her Majesty's Government what steps they are taking to encourage investment into technological solutions in the hazard prevention market.

Placing new or innovative products on the market requires the same product safety requirements to be met as is required for existing products. Guidance is available for businesses to help set what is required so that they have a clear route for getting their products to market.

Innovate UK, part of UK Research and Innovation (UKRI), acts as the prime channel through which Government incentivises business-led technology innovation. It funds innovation through the allocation of competitively awarded grants and funding is available to all businesses undertaking innovation, irrespective of the technology or sector in which they are working. The UKRI Gateway, available via UKRI’s website, provides data on all funded research and innovation projects.

Innovate UK also helps to connect innovative businesses with the right partners and expertise to help them bring their ideas to market, and grow and scale their companies, through the Knowledge Transfer Network and Innovate UK EDGE.