Tom Adeyoola, a technology entrepreneur, has been chosen as the preferred candidate to lead Innovate UK, the £1.1 billion innovation agency, succeeding Indro Mukerjee. This decision comes at a critical time, as Innovate UK faces increased scrutiny over its spending and direction due to pending government reviews. With a background in founding Metail and serving in various advisory roles, Adeyoola is expected to drive real impact in supporting the UK’s research and development ecosystem, despite challenges including the suspension of key funding programs.
"With his experience in technology, entrepreneurship, and digital transformation, Tom Adeyoola is the right person to ensure Innovate UK delivers real impact - backing pioneering businesses, scaling up breakthrough innovations and ensuring the UK leads in the industries of the future."
"Innovate UK is a good idea, but badly executed. The incoming chair should transform it into more of an investment-led organisation."
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