Innovate UK
Innovate UK is the United Kingdom's innovation agency, which provides money and support to organisations to make new products and services. It is a non-departmental public body operating at arm's length from the Government as part of the United Kingdom Research and Innovation organisation.
Formation | 1 July 2007 (as the Technology Strategy Board) |
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Type | The UK's innovation agency |
Legal status | Non-departmental public body |
Purpose | To accelerate UK economic growth by stimulating and supporting business-led innovation |
Headquarters | Polaris House, North Star Avenue, Swindon, SN2 1FL |
Region served | UK |
CEO | Indro Mukerjee |
Main organ | Governing Board (Senior Independent Member – John Fingleton) |
Parent organisation | UKRI |
Affiliations | European Network of Innovation Agencies |
Budget | c. £1,200m |
Website | ukri.org/innovate-uk |
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