Digital Technology: Grants

(asked on 15th November 2024) - View Source

Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, what his policy is on the future of the Digital Growth Grant after April 2025.


Answered by
Feryal Clark Portrait
Feryal Clark
Parliamentary Under Secretary of State (Department for Science, Innovation and Technology)
This question was answered on 25th November 2024

The DSIT settlement of £15.1 billion in 2025/26 announced at the October Budget provides the investment required to further the UK’s science and technology ambitions. DSIT is undertaking an internal allocations process to set 2025/26 budgets but until then, we cannot confirm future funding decisions. Programmes such as the SEIS/EIS schemes, R&D Tax Credits and various visa routes demonstrate the UK’s commitment to supporting tech companies in thriving in the UK. DSIT further continues to unlock investment in the tech sector, through the British Growth Partnership, the National Wealth Fund and the Pensions Review.

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