National Innovation Plan: IET comments to the Department for Business Innovation and Skills
UK government will need to work alongside the private sector to create a deep pool of innovation finance in Europe. In particular, we believe that Innovate UK and the EPSRC should cooperate and generate a coherent strategy and medium to long term funding planning that will attract industrial support and market pull. A vibrant Private Equity and Venture Capital environment that is not risk averse to support innovative businesses is essential for innovation, working with Government, whose responsibility it is to create a robust framework for innovation.
Submission Details Submitted on 18 May 2016 to BIS