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October 10, 2018 | 10:03 pm BY Richard Thorpe-Manley | UK Business Grants

With Brexit looming large, there is renewed impetus for the Government to increase business support to ensure UK industries maintain their competitiveness in the global economy.

The flagship Government Grant programme for R&D activities is run by Innovate UK, which over the last ten years, has committed over £1.8 billion to innovation, matched by a similar amount in partner and business funding. Funding is focused on 4 key sectors:

  • Emerging and enabling technologies (e.g. robotics, digital, electronics);
  • Health and life sciences;
  • Infrastructure systems; and
  • Manufacturing and materials

It also has an open programme that supports businesses that innovate in any high-value innovative technology or process in any area of the economy. Competitions are run in each area up to three times a year with a total budget of £503 million.

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