Life Sciences: Northern Ireland
(asked on 3rd February 2025) - View Source
Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, whether he has made an assessment of the potential impact of the Launchpad Initiative in Northern Ireland by Innovate UK on the life and health sciences sector.
Answered by
Feryal Clark
Parliamentary Under Secretary of State (Department for Science, Innovation and Technology)
Innovate UK Launchpads is an £80 million programme that builds on local innovation strengths to support emerging clusters of SMEs to deliver jobs, growth, and high productivity. For each Launchpad, Innovate UK invests up to £7.5 million for business-led innovation projects.
The Northern Ireland Launchpad is dedicated to the advancement of healthcare solutions and medical breakthroughs. Innovate UK has appointed independent consultants to evaluate the impact of this and the other Launchpads and will publish interim findings from early 2027 via UKRI’s public website. A full impact evaluation will report from late 2028.