Geoffrey Clifton-Brown – 2016 Parliamentary Question to the Department for Business, Innovation and Skills

The below Parliamentary question was asked by Geoffrey Clifton-Brown on 2016-02-04.

To ask the Secretary of State for Business, Innovation and Skills, what assessment he has made of the potential merits of co-ordinating the objectives of Innovate UK and UKTI in order to increase exports.

Anna Soubry

Increasing exports, to all overseas markets, is a key factor in the Government’s long-term economic plan. UK Trade & Investment (UKTI) and Innovate UK work together to co-ordinate activity to promote UK innovation and to help drive the UK’s productivity, exports and long-term growth through increasing trade and inward investment in science and innovation. An Innovate UK secondee further augments the activities of both organisations.

This work supports UK businesses looking to take advantage of overseas opportunities and to create a strong business environment that allows them to flourish both at home and overseas. This includes working together on events and entrepreneur missions to promote the UK’s innovative companies on a global scale, identifying export opportunities and securing new markets. Innovate UK funded projects and companies are referred to UKTI trade advisers to help support international planning and exports. To date 250 companies have been referred.