Category: Funding

Businesses urged to register for research funding

Funding

Science Minister Chris Skidmore has urged UK businesses benefitting from Horizon 2020 research funding to register their details with the Government so they can continue to receive funding if in the event of a no-deal Brexit. The Government’s online portal was launched in September 2018 after the Government announced...

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P2P boss: SMEs ‘starved of funding’

Funding

In an opinion piece, Damon Walford, chief development officer at online peer-to-peer lending platform ThinCats, says SMEs have suffered over the past 10 years as traditional lenders have received mixed messages from government and regulators to be both less risky and also ensure small businesses are not starved of...

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Agri-food tech funding available

Funding

As part of the government’s Industrial Strategy Challenge Fund, delivered through Innovate UK, organisations can now apply for a share of up to £20m for projects to increase links between the agri-food sector with expertise in real-time robotics sensing, data, AI and earth observation. The wider transforming food production...

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Government plans to open invoice finance access

Finance, Funding

Small business minister Kelly Tolhurst has put forward new laws aimed at allowing small businesses to access invoice finance. The proposals, part of the government’s industrial strategy initiative, will allow companies to raise money from unpaid invoices. Tolhurst said: “These new laws will give small businesses more access to...

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Innovate UK opens submissions for funding

Funding

Innovate UK has up to £20m to invest in the best new ideas for products and services developed from cutting-edge technologies from any area – science, engineering, arts, design and the creative industries. Projects are expected to range in size between £25,000 and £2m and, alongside applications for this...

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UK SMEs struggling with funding shortfall

Funding

According to a survey commissioned by fintech provider Fraedom, UK businesses are struggling to cope with a funding shortfall. The survey found that 52% of UK SMEs are finding it difficult to access funding from banks, while 28% believed the problem has worsened over the past five years. The...

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UK Asset finance market rebounds in April

Finance, Funding

New figures from the Finance & Leasing Association (FLA) show that asset finance new business grew by 7% in April, compared with the same month in 2017. New business in the plant and machinery finance and business equipment finance sectors was up by 13% and 18% respectively, while commercial...

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