Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, if she will make an assessment of the potential economic impact of funding provided by her Department to projects in Suffolk Coastal constituency in the last four years.
UK Research and Innovation spend in Suffolk in financial year 2020-21 (the latest available data) was £1.71 million, of which £1.6 million was from Innovate UK (IUK).
In December 2023, in collaboration with New Anglia Local Enterprise Partnership, IUK launched the New Anglia Local Action Plan to give Norfolk and Suffolk innovators and entrepreneurs improved access to expertise, tools and support to help them grow. For example, Haverhill-based Keronite has used an IUK grant to develop a highly efficient, low-impact solution to water treatment.