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Insider UK
Insider UK
National
Peter A Walker

Scottish firms get 58% less innovation funding than other parts of the UK

Scotland has claimed 58% less government innovation funding than some parts of the UK.

Analysis of Innovate UK data and business population estimates from the Department for Business, Energy and Industrial Strategy, by innovation funding firm Catax, show that £12.3bn of grants have been awarded by the government innovation agency since 2003.

Over that timeframe, Scotland has benefitted to a greater extent than all regions of the UK, except the north east, west midlands and London, once adjusted for business population.

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