FOI2023/00710: IUK Loans Future Economy: Round 8
Case reference FOI2023/00710
Published 4 January 2024
Request
Request Received: 20 September 2023
Innovate UK Innovation Loans Future Economy: Round 8 (deadline 8 March 2023) I would be very grateful if you could please provide the below requested information on the above funding competition:
1. The total number of applications submitted and the number of those that were assessed (i.e. deemed eligible)
2. The overall number of applications awarded funding and a breakdown of how many of these were first-time applications and how many were resubmissions
3. The average loan request of the applications successfully awarded funding
4. The funding thresholds and average scores of successful applications
5. The average % funding request of loan vs total R&D project cost
6. The average loan duration and length of 1) Drawdown, 2) Extension, and 3) Repayment periods
7. The % of submissions that progress to detailed credit committee review but subsequently do not reach loan agreement
Response
Response Sent: 2 October 2023
Full details of this response are provided in the attached document.
Documents
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