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£25 million for business innovation in STEM

Image: Cathal_Shtadler, via Shutterstock

Innovate UK funding is for ‘game-changing’ business projects in technology, science or engineering

Innovate UK’s Smart programme is providing grants worth up to £25 million in total for innovative business projects across any technology area.

The programme aims support “the best UK business ideas whatever area they come from” and will give out grants worth between £25,000 and £2 million for durations of between 6 and 36 months.

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