COVID-19 £40m funding boost for cutting-edge business start-ups

20th May 2020

£40m funding boost

Today the government announced a £40m funding boost for cutting-edge business start-ups. This funding will support UK start-ups to deliver potential new solutions and services.

Innovative businesses and start-ups are set to benefit in investment to drive forward new technological advances. Funding comes from a £211 million government investment package to encourage businesses developing new technologies

Projects to benefit from the funding include virtual reality training platforms for surgeons, virtual farmers’ markets and other innovations borne out of the coronavirus pandemic

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