Question to the Department for Science, Innovation & Technology:

To ask the Secretary of State for Science, Innovation and Technology, what the source of the £250 million funding for artificial intelligence, quantum technologies and engineering biology missions is.

The £250m funding for technology missions derives from the R&D settlement confirmed at the Spending Review 2021. The programme is being implemented by UKRI, including Innovate UK. The technology missions are intended to realise some of the transformative applications of AI, Quantum and Engineering Biology and support the science that built the UK’s leadership in these key technologies. It is anticipated that the £250 million will be matched by equal levels of private investment.