Oral Answers to Questions

Liz Twist Excerpts

Wednesday 15th March 2023 Commons Chamber

[George Freeman]

I was in Scotland just a few weeks ago meeting the team behind the Shetland and Sutherland launch. We are committed to launch in both Cornwall and Scotland. We are providing funding to support those two spaceports. I will happily come and visit when I am next up. In Scotland, Buckinghamshire and all around the country, we are growing space clusters to give jobs and opportunities to a new generation.

[Liz Twist (Blaydon) (Lab)]

2. What steps she is taking to support the commercialisation of science and technology research in North East England.

[The Minister of State, Department for Science, Innovation and Technology (George Freeman)]

We should all be incredibly proud that nowhere is driving the science and technology revolution more than the north-east economy. It was a powerhouse of the previous industrial revolution and is that again now. I was recently in Newcastle visiting the University of Newcastle and Northumbria University. Spinouts from Newcastle raised £47 million, which is a record. The NETPark North East Technology Park, home to 65 growing companies, has just announced its third phase. It is home to Kromek, one of our top sensor companies. We put £5 million into the Northern Accelerator, a collaboration between six universities, and we have nine catapult centres in the north-east. We are driving the north-east economic renaissance.

[Liz Twist]

The north-east is a centre of science excellence in offshore wind, life sciences, batteries and much more. We are home to 3,500 tech firms, which bring £2 billion to our local economy. European structural funds provide support to small and medium-sized enterprises to start up, innovate and grow, but all that stops at the end of this month. What will the Minister do to ensure that that support for development continues?

[George Freeman]

That is an excellent question. We have set out the shared prosperity fund, which is now fully deployed around the country. We have made the commitment to increase domestic research and development outside the greater south-east by 40% between now and 2030, and 50% of Government R&D in the old Department for Business, Energy and Industrial Strategy was outside the greater south-east. I do not want to pre-empt the Chancellor, but this afternoon there will be announcements about how we support regional science and technology growth.