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The Local Innovation Partnerships Fund’s ambition to give regions more control over innovation policy is...

Conclusion
The Local Innovation Partnerships Fund’s ambition to give regions more control over innovation policy is welcome, but it falls short on scale, with just £500 million over five years, or around 0.5% of the science budget. (Conclusion, Paragraph 130) 49
Government Response

A response document is linked to this report, dated 16 June 2026. Response attribution to this conclusion has not been verified. Read the response document.

Source
Committee Science, Innovation and Technology Committee
Inquiry Innovation, growth and the regions
Report 3rd Report - Flying Blind: Innovation, Growth and the Regions 13 Mar 2026 HC 538
View on Parliament website
Addressee Bodies
Department for Science, Innovation and Technology
Timeline
Recommendation age 0.5 yr
Report published 13 Mar 2026