WQ86888 (e) Tabled on 01/12/2022

How much of the £35 million capital funding allocated to the research and innovation sector by the Welsh Government in the 2022-23 budget has been allocated, and to which projects?

Answered by Minister for Economy | Answered on 09/12/2022

The £35million for Research and Innovation is not a budget solely for 2022-23. The allocations are:

£10m for 2022-23

£10m for 2023-24

£15m for 2024-25

The following allocations have been made for 2022-23:

Knowledge Transfer Partnerships (match funded by Innovate UK)

£400,000

Small Business Research Initiatives & CRISP programme

£950,000

Manufacturing and Design consultancy support service

£208,000

Digital Accelerator Programme

£200,000

SMART Innovation and SMART Expertise

£900,000

 

£100,000

Marketing

£220,000

Innovate UK Project Co-Fund

£400,000

Ser Cymru

£5M

Total

£8.378M