NATO Innovation Fund
(asked on 12th March 2026) - View Source
Question to the Ministry of Defence:
To ask the Secretary of State for Defence, what the UK’s contribution is to the NATO Innovation Fund.
This question was answered on 23rd March 2026
Following agreement by the Secretary of State for Defence and Chancellor the UK’s participation in the NATO Innovation Fund was announced on 30 June 2022. The fund invests in start-ups developing technology which fall into one of NATO’s defined EDT groups. It will be NATO’s venture capital fund. The fund’s objectives are:
- Foster a pipeline of dual-use technologies that can be adopted by NATO and participating nations;
- Crowd-in investment from private investors
- Be commercially successful, providing returns on investment.
The cost to the UK of participating in the fund is c£11 million per annum until financial year 2029-30.