Category: Innovate
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Innovate UK pauses flagship grants scheme for SMEs amid major review
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Innovate UK temporarily suspended the Grants Smart-25 million pounds annually-to fix how to support SMES. The pause of temporary suspension aims to address excessive subscription issues, as success rates are less than 10 percent for applicants, and perhaps low up to 2 percent according to some. Under the current plan,…
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Innovate UK urged to shift focus from grants to strategic investments in tech firms
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Innovate UK’s incoming interim chief executive, Stella Pace, is being encouraged to transform the £1.1bn-a-year innovation agency into a more investment-focused body, according to Cambridge University-based entrepreneur Euan Kirk. Kirk, who also serves on the board of BAE Systems and heads Deeptech Labs in Cambridge, suggests Innovate UK should move…
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Innovate UK urged to shift focus from grants to strategic investments in tech firms
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Innovate UK’s incoming interim chief executive, Stella Pace, is being encouraged to transform the £1.1bn-a-year innovation agency into a more investment-focused body, according to Cambridge University-based entrepreneur Euan Kirk. Kirk, who also serves on the board of BAE Systems and heads Deeptech Labs in Cambridge, suggests Innovate UK should move…