Innovate UK

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Innovate UK

Formation	1 July 2007 (as the Technology Strategy Board)
Type	The UK's innovation agency
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	Stella Peace
Main organ	Governing Board (Senior Independent Member – John Fingleton)
Parent organisation	Department for Science, Innovation and Technology UK Research and Innovation
Affiliations	European Network of Innovation Agencies
Budget	c. £1,200m
Website	ukri.org/innovate-uk

Innovate UK is the United Kingdom's innovation agency, which provides money and support to organisations to make new products and services.^[1] 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.