Advanced Research and Innovation Agency Debate
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Lord Hintze
Main Page: Lord Hintze (Conservative - Life peer)Department Debates - View all Lord Hintze's debates with the Department for Science, Innovation & Technology
Advanced Research and Innovation Agency
Lord Hintze Excerpts(1 year, 4 months ago)
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Viscount Camrose (Con)
I thank the noble Lord for his vote of confidence. It is a new kind of organisation that will invest with a high-risk appetite to shoot for outcomes that are bold, substantive and deeply impactful.
Lord Hintze (Con)
My Lords, I draw attention to my philanthropic interests in this area. Specifically, what I would like to ask the Minister is again to echo the points on timing and the amount of effect we will have through this effort.
Viscount Camrose (Con)
Indeed. As far as the timing goes, ARIA was legally established on 25 January. The focus has been on recruiting the right people. It is a small organisation, designed to be lean and agile. That means it is absolutely dependent on the quality of the small team it has working for it. That is the focus for now. We look forward to the first announcements of programme directors. I hope that will be in the autumn.