£40 Million Funding for Innovative Businesses The competition aims to fast-track the development of innovations borne out of the coronavirus crisis while supporting the UK’s next generation of cutting-edge start-ups. £40m boost for cutting-edge start-ups Innovative businesses and start-ups are set to benefit from a £40 million government investment to drive forward new technological advances. Published 20 May 2020 From: Department for Business, Energy & Industrial Strategy, Innovate UK, and The Rt Hon Alok Sharma MP £40 million of government funding to support the UK’s next generation of innovative businesses projects to benefit from the funding include virtual reality training platforms for
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