Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, what information his Department holds on the funding granted through Innovation Loans on average (a) nationally, (b) in Greater London and (c) in the North East since 2017; and what assessment his Department has made of the regional distribution of Innovation Loan agreements.

All Innovate UK grants and loans are made public via (Innovate UK funded projects since 2004 – UKRI ). Transparency data also includes the location and region that the company is registered in.

Funding decisions by UK Research and Innovation are based on the quality of applications and value for money to the taxpayer.