Research: Finance
(asked on 13th January 2022) - View Source
Question to the Department for Levelling Up, Housing & Communities:
To ask the Secretary of State for Levelling Up, Housing and Communities, how much money was (a) allocated from the European Regional Development Fund and (b) spent on research and innovation in each region from 2014 to 2020.
The value of European Regional Development Funding (ERDF) in the England ERDF programme is €3,649,257,601. The sterling value of the programme will fluctuate depending on the exchange rate but contracts are made in sterling
The programme has funding ring-fenced for Promoting Research and Innovation. The table sets out the amount contracted in each administrative region and has been paid as of November 2021
Region | ERDF Paid | ERDF Contracted |
GSE | £27,227,049 | £49,756,471 |
London | £13,688,450 | £29,611,874 |
Midlands | £80,981,304 | £147,811,043 |
NEYH | £79,845,708 | £137,263,251 |
NW | £103,279,677 | £173,453,271 |
SW | £72,635,554 | £119,690,598 |
Total | £377,657,741 | £657,586,509 |
The programme rules allow for spending to continue to the end of 2023.