What Opportunities Does Innovate UK Provide for UK Businesses? Innovate UK is the UK’s innovation agency and part of the Government’s UK Research and Innovation department. It provides funding and support for the development and commercialisation of new products and services for businesses in the most cutting edge industries. Their current priority areas for grant … Read more
What is the Rural England Prosperity Fund? The Rural England Prosperity Fund is a complementary funding pot to the UK Shared Prosperity Fund that was launched by the last UK Government as part of their Levelling Up agenda. A total of £110m in funding has been made available across financial years 2023/2024 and 2024/2025 in … Read more
Refresher – What is the UK Shared Prosperity Fund? The UK Shared Prosperity Fund is a central pillar of the former Conservative Government’s Levelling Up agenda and aims to provide £2.6 billion of funding for investment within local authority areas by March 2025. The fund aims to improve pride in place and increase life chances … Read more
As our understanding of AI improves, its scope of application increases and the world of business grants is no exception. Finding grants and then applying can be a time consuming exercise, whether it’s the business owner themselves doing it or a professional grant writer. Also, it requires a level of knowledge as well as a … Read more
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
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
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
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
What Is Overseas Market Development Funding? Overseas market development grants can help businesses who want to broaden their horizons and expand into potential foreign countries with activities including trade visits, access to export finance and translation services. An overseas market development funding injection can help businesses look into exporting their products and services into new … Read more
What Is Working Capital Funding? Working capital grants can help businesses who need a cash injection to assist them in the day to day running of their operations, such as pay for stock, cover seasonal shortfalls or pay key bills, including rent. A working capital funding injection can help businesses carry out their day to … Read more
