UK Business Energy Efficiency Grants Round-Up
Introduction According to recent research from Cornwall Insight’s Business Energy Cost Forecast electric bills for small industrial consumers, such as large retail, leisure units and small manufacturers are set to rise by over £200,000 more than pre-energy crisis levels by 2026. Energy bills are expected to hit £550,000 for the 2026-2027 year, which represents a … Read more
Self-Replicating AI: The Next Business Frontier
Chinese researchers have achieved a significant breakthrough in AI development: large language models that can now replicate themselves autonomously, with success rates ranging from 50% to 90%. This self-replication capability relies on sophisticated mechanisms including structured reasoning and agentic scaffolding, allowing AI systems to break down complex tasks, manage files, and execute plans without human … Read more
New Grants Added This Week – 8th December 2024 to 15th December 2024
There were 24 new schemes added last week with a total amount available of £245,000.
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UK Starting A Business Grants Round-Up
Introduction Barclays has launched a new Business Prosperity Index which tracks trends and data from its 1 million business customers alongside market research which gives a snapshot of the UK’s current business environment health. Those looking to start a business can get key insights from the index findings in order to identify potential issues they … Read more
Quantum Leap: Google’s Willow Chip Redefines Computing Power
Google’s quantum computing team has achieved a ground-breaking milestone with its Willow chip, demonstrating unprecedented computational capabilities that could fundamentally transform multiple industries. The chip, featuring 105 qubits, can complete a complex computing task in just five minutes that would take a traditional supercomputer an incomprehensible 10 septillion years – a leap forward that represents … Read more
New Grants Added This Week – 1st December 2024 to 8th December 2024
There were 32 new schemes added last week with a total amount available of £2,529,000.
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UK Business Growth Grants Round Up
Introduction According to the Confederation of British Industry’s latest growth indicator, a majority of businesses are expecting a decline in economic activity at the beginning of 2025 for the first quarter. This decrease in business confidence has followed a negative reaction to the Labour Government’s first Budget in power and also due to private sector … Read more
AI Breakthrough: New Algorithm Shrinks Massive Language Models to Fit in Your Pocket
The CALDERA algorithm represents a significant advancement in large language model (LLM) compression, demonstrating the potential to reduce massive AI models from data center-scale infrastructure to fitting directly onto personal devices like smartphones and laptops. By employing two innovative compression techniques – low-precision data storage and low-rank parameter reduction – researchers have successfully trimmed down … Read more
New Grants Added This Week – 24th November 2024 to 1st December 2024
There were 62 new schemes added last week with a total amount available of £18,607,500.
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Click the title above to view the full details.
UK Innovation Grants Round Up
Introduction According to a recent research paper from the House of Lords, it is estimated that innovative science and technology activity contributed a total of £91.6bn to the UK economy in 2023. This breakdown includes £71bn for IT and other information service tech activities and £20.6bn for scientific research and development activities across other sectors. … Read more
