FOI2024/01252: Funding Allocation, Decision-Making, and Gender-Specific Data
Case reference FOI2024/01252
Received 31 December 2024
Published 14 April 2025
Request
Request received: 31 December 2024
I request the following information regarding funding allocations and decision-making practices by Innovate UK:
1. Funding Allocation by Gender
The total amount of funding awarded in the last five financial years through:
• SMART Grants
• Innovation Loans
• Women in Innovation Program
• Future Economy funding streams
• Any other grant funding programs administered by Innovate UK
A breakdown of the funding amounts awarded to women-led businesses vs. men-led businesses, where "women-led" is defined as businesses with at least 50% female ownership or a female CEO/Managing Director
The number of businesses led by women vs. men that received funding in each program
2. Decision-Making and Gender Composition
The gender composition (number and percentage of men and women) of decision-makers at each stage of the funding process, including:
• Review panels or committees evaluating grant and loan applications.
• Final decision-making bodies or individuals responsible for approving funding allocations.
• Any policies or steps taken by Innovate UK to ensure gender diversity among decision-makers involved in funding processes.
3. Supporting Information and Data Transparency
• Any internal reports, KPIs, or monitoring mechanisms Innovate UK uses to track and address gender disparities in grant and loan funding allocation and decision-making.
• Steps taken to comply with the Equality Act 2010, particularly in promoting equitable access to grant funding for women-led businesses.
4. If the requested data is not available, please confirm:
• Why the data has not been collected.
• How Innovate UK ensures compliance with the Equality Act 2010 without this data.
• Whether there are plans to collect and monitor this data in the future, and if so, the timeline for implementing such measures.
Response
Response sent: 17 February 2025
Full details of this response are provided on the attached copy
Documents
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