A £134 million government investment will be available for the UK’s greenest and most innovative businesses, to keep them thriving during the pandemic.
The government says this investment will enable 1,069 ground-breaking clean growth projects to develop new technologies, secure and create new jobs, drive productivity and tackle climate change.
Business Secretary Alok Sharma, said, “The UK’s response to coronavirus has demonstrated the very best of British ingenuity, and it is this resourcefulness that will help us navigate our way through this pandemic.”
“Today’s investment will ensure that our innovators and risk-takers can continue to scale up their ideas, helping the UK to build back better and ensure we meet our clear commitments on tackling climate change.
Executive Chair Innovate UK, Dr Ian Campbell, added, “Yet again we see the exciting range of business innovation taking place across the United Kingdom, despite these difficult times.”
“Every initiative we’ve supported here represents an important step forward in sustainable economic development, but also one step nearer dreams becoming reality for ambitious hard-working company owners and their staff.
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