Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, with reference to the Answer given on 10 March 2023 to Question 158906, on Technology: Finance, on what evidential basis he has estimated that the technology missions will attract £250 million of private investment.
The technology missions are based on the lessons learned from the Industrial Strategy Challenge Fund (ISCF) which was successful in leveraging co-investment from the private sector.