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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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

Google’s AI Breakthrough Brings Quantum Computing to Life

Google’s breakthrough in quantum computing error correction represents a significant milestone in the development of quantum technologies. Researchers at Google Deepmind have developed AlphaQubit, an AI-driven system that dramatically reduces error rates in quantum computing. By employing a sophisticated neural network that can identify and correct quantum errors with unprecedented accuracy—demonstrating 6% fewer errors than … Read more

New Grants Added This Week – 17th November 2024 to 24th November 2024

There were 28 new schemes added last week with a total amount available of £543,250.

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