Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, what assessment he has made of the potential impact of the graduate route visa scheme on levels of innovation.
The Government is committed to making the UK the destination of choice for top international talent, who have an important impact on innovation and entrepreneurship in the UK. Their impact is particularly noticeable in the UK’s leading startup ecosystem; a quarter of Tech Nation-endorsed Global Talent Visa (GTV) holders are founders, and 39% of the UK’s fastest growing start-ups have at least one foreign born co-founder. In addition to providing a pipeline of entrepreneurs, international talent contributes significantly to innovation in key growth-driving sectors, and makes up 37% of higher education research staff.