Department for Business, Energy and Industrial Strategy

The department had responsibility for: Research and innovation partnerships in low and middle-income countries BEIS spent part of the overseas aid budget on research and innovation through two major initiatives: The Newton Fund and the Global Challenges Research Fund, or GCRF. Both funds aimed to leverage the UK's world-class research and innovation capacity to pioneer new ways to support economic development, social welfare, and long-term sustainable and equitable growth in low- and middle-income countries. The Newton Fund built research and innovation partnerships with partner countries to support their economic development and social welfare and to develop their research and innovation capacity for long-term sustainable growth. The fund was delivered through seven UK delivery partners. ==National Security and Investment Act 2021==

In August 2022, BEIS blocked the sale of Pulsic Limited in Bristol to a company owned by China's National Integrated Circuit Industry Investment Fund. Pulsic is a chip design software company which makes tools to design and develop circuit layouts for chips. In November 2022, BEIS ordered Nexperia to sell at least 86 percent of Newport Wafer Fab, the largest chipmaking facility in the UK, which it had acquired in July 2021. In 2018, a Chinese corporation by the name of Wingtech Technology acquired Nexperia. ==Devolution==

Some responsibilities extend to England alone due to devolution, while others are reserved or excepted matters that therefore apply to the other countries of the United Kingdom as well. Reserved and exceptioned matters are outlined below. Scotland Reserved matters: The Economy Directorates of the Scottish Government handles devolved economic policy. Northern Ireland Reserved matters: • Climate change policy • Competition • Consumer protection • Import and export control • Export licensing • Intellectual property • Nuclear energy • Postal services • Product standards, safety and liability • Research councils • Science and research • Telecommunications • Units of measurement Excepted matter: • Outer space • Nuclear power The department's main counterpart is: • Department for the Economy (general economic policy) ==Ministers==

The final roster of ministers in the Department for Business, Energy and Industrial Strategy were: In October 2016, Archie Norman was appointed as Lead Non-Executive board member for BEIS. ==References==