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The Grant Delusion: Why Government Should Commission, Not Compete, in UK Innovation

David Richards MBE is right, the UK’s innovation economy has become addicted to grants, not growth. But the problem isn’t funding itself; it’s design. Innovate UK and its peers were meant to bridge the early-stage gap between research and market, but instead became destinations in their own right. Government now competes with, rather than commissions, the innovators it should empower. The fix is simple: commission outcomes, not applications; fund practitioners, not paperwork.

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