FOI release

FOI2024/00974: Number of Innovation Loans Issued

Case reference FOI2024/00974

Received 18 October 2024

Published 14 November 2024

Request

Request Received: 18 October 2024

I would like to understand from the 16 rounds so far, how many Innovation Loans have been issued since the start of the programme in March 2022.

Breakdown this information based on:

1) How many total applicants in all 16 rounds

2) How many applicant proposals have been considered in scope and were fully evaluated

3) How many applicants have been evaluated by the Innovate UK finance team

4) How many applicants have been awarded the loan

5) How many projects have started

6) The UK regions in which these projects are located

7) The average value of the loan awarded

8) How much total has been paid out in loans to applicants

9) How much total of loans have since been repaid

Response

Response Sent: 14 November 2024

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

Documents

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