Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, what outcomes there were through Innovate UK's Launchpad initiative in Northern Ireland in 2024.
Innovate UK has allocated up to £7.5 million for the Life and Health Sciences Launchpad in Northern Ireland. An initial allocation of funding was made to 14 business-led projects in April 2024. 18 additional projects targeting early-stage businesses in this cluster were funded in summer 2024. Competitions are currently in planning to allocate the remaining Launchpad funds.
Innovate UK is evaluating the impact of all the Launchpads, including the one in Northern Ireland. It will publish interim findings from early 2027 via UKRI’s public website. A full impact evaluation will subsequently report from late 2028.