Funding Awarded to UK AI Companies
According to the latest statistics, there were a total of 1,797 active high growth AI start-ups in the UK, with investments totalling £3.21bn in equity funding in 2022 alone. Another report puts the total number of UK AI start-ups that received funding of $1.5m and over between 2013-2023 at 727. This second metric is important … Read more
The AI Advantage: Transforming Business Functions for the Digital Age
“We see the wave coming. Now this time next year, every company has to implement it — not even have a strategy. Implement it.” — Emad Mostaque, founder and CEO, Stability AI PROBLEM: KEEPING UP WITH AIIn our last AI blog we stated that the impact of artificial intelligence on transforming business functions cannot be … Read more
New Grants Added This Week – 30th June 2024 to 7th July 2024
There were 116 new schemes added last week with a total amount available of £44,238,223.
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Click the title above to view the full details.
The Importance of Recognising the Patterns across Vertical Functions
“Sometimes time spent reinventing the wheel results in a revolutionary new rolling device. But sometimes it just amounts to time spent reinventing the wheel.” – Steve Krug PROBLEM: REINVENTING THE WHEELReinventing the wheel in software development wastes time and resources, often leads to suboptimal solutions, and misses learning opportunities. In contrast, standardised cross-functional work improves … Read more
Growth Guarantee Scheme
What Is The Growth Guarantee Scheme? The Growth Guarantee Scheme is the direct successor to the Recovery Loan Scheme from the British Business Bank and is designed to support smaller UK businesses looking to invest and grow. The funding provides a series of accredited lenders, such as banks and financial institutes with a 70% government-backed … Read more
The impact of the new Labour government on grant funding
Today’s election results have been predicted for some time now and businesses have had the chance to take stock of Labour’s manifesto and how it might affect them. The new chancellor has promised to follow the established fiscal rules and trading arrangements with the EU and there seems to be little in the way of … Read more
New Grants Added This Week – 23rd June 2024 to 30th June 2024
There were 75 new schemes added last week with a total amount available of £11,376,000.
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Starting a Business Funding Opportunities
What Is Starting a Business Funding? Starting a business grants can help individuals who want to start up a new business venture locally or nationally and get assistance with all the required areas to be successful moving forward. Funding types for starting a business purposes can include market research, creating a business plan, hiring staff … Read more
New Grants Added This Week – 16th June 2024 to 23rd June 2024
There were 86 new schemes added last week with a total amount available of £4,451,987.
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Click the title above to view the full details.
Business Growth Funding Opportunities For UK Businesses
What Is Business Growth Funding? Business growth grants can help businesses who want to carry out activities that help them expand either locally or in the domestic market and meet different expansion goals defined either as long or short term in a business plan. Funding types for growth purposes can include developing new products and … Read more
