FOI release

FOI2023/00660: Future Economy Investor Partnerships SME Round 2

Case reference FOI2023/00660

Published 28 September 2023

Request

Request Received: 31 August 2023

For Innovate UK's Future Economy Investor Partnerships SME round 2 competition (for all strands- £50,000 and £300,000 for feasibility studies; £100,000 and £1 million for industrial research; £250,000 and £2 million for experimental development; and combined totals of reach strand), please could you release the following information:

1. The number of applications.

2. The number of assessed applications.

3. The number of successful applications.

4. The success rate.

5. The minimum successful score.

6. The maximum successful score.

7. Maximum score of failed applications.

8. Average grant fund value per project.

9. Average score of funded projects.

10. The score distributions of the applications (e.g. % (or number) of applications which scored <70, 70.1-75, 75.1-80, 80.1-85, 85.1-90, 90.1-95, 95.1-100).

11. The count of assessed applications by 'specific theme'.

12. The count of successful projects by 'specific theme' for each strand.

13. The count of assessed applications by research category (feasibility studies, industrial research, experimental development).

14. The count of successful projects by research category.

15. The number of unsuccessful applications, if any, which scored above the minimum funded score.

16. The number of investors involved in successful projects.

17. The number of investors involved in all submitted applications.

Response

Response Sent: 28 September 2023

Full details of this response are provided in the attached documents.

Documents

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