Question to the Department for Science, Innovation & Technology:
To ask the Secretary of State for Science, Innovation and Technology, what steps her Department is taking to support spin-outs from the Francis Crick Institute.
The Francis Crick Institute has produced 8 spin-out companies since being founded. The core grant that Government provides to the institute funds a commercialisation office that supports the creation of spin-outs. Crick Institute researchers and spin-out companies can apply to support programmes funded by UKRI, such as the Innovation to Commercialisation of University Research programme, the Medical Research Councils Developmental Pathway Funding Scheme and Innovate UK's Smart grants.