Downstream value of grant funding for research and innovation
For this project, we are developing unique insights into the performance of businesses that have received grant funding over the last ten years.
The Government has committed to spending more on research and innovation in the UK. Against this background, it is more important than ever to understand the benefits of this investment. We have created a working proof of concept that can provide insights into the downstream value attributable to grant funding of businesses by Innovate UK. Specifically, our data and analysis explores value creation arising from grant investment based on corporate financial indicators and registration of intellectual property (particularly patents), set alongside details of project type, sector, subject matter and quantum of funding. Data on up to 10,000 businesses funded by Innovate UK from 2012 to date will be included as the model expands.