Digital Growth Grant
A new UK government grant competition is launching to boost the growth of innovative tech start-ups and scale-ups in all corners of the country.
The £12.09 million Digital Growth Grant will focus on opening up access to skills training and advice, and providing support services to the digital and tech sector over two years.
Improving regional support networks for start ups and scale ups is a key focus for the funding, which will help spread the benefits of the world leading tech industry across the UK.
The grant will help to develop the next generation of success stories after the UK tech sector became the third globally to be valued at $1 trillion.
There are now more than 40 unicorns - companies valued at $1 billion - outside London and 100 regional futurecorns - businesses on track to gaining unicorn status - that are paving the way for future success across the country.
The UK government will consult the market to help refine the grant specification before applications open later in the year.
The competition will be run this summer by the Department for Digital, Culture, Media and Sport and the successful organisation will receive the funding from 1st April 2023.
Further details on the eligibility criteria and application process will be published in due course.
News Articles
- Graham + Sibbald Open Dunfermline Office
- Why Should Companies Make the Move to Electric Cars?
- Something for Everyone at Blair Horse Trials 2022
- Blackadders LLP Employment Law Team Shortlisted for the Scottish Legal Awards
- Scotland’s Onshore GDP Decreased by 0.5% in April
- Energy Bill and Tax Rebate Scams on the Rise
- Steel import tariffs extended for two years
- MSPs Back Making Emergency Covid Powers Permanent
- Inflation pushes UK government interest costs to May record
- Second 24-hour rail walkout after talks collapse
- British Airways Heathrow staff back summer strikes over pay
- People cut back on food shopping as price rises bite
- New £2m fund to cut environmental impact of textiles
- New £200 million to back innovative agriculture projects
- Landlord warning over making Covid eviction laws permanent
- G7 Leaders detail $600bn plan to rival China's Belt and Road initiative
- Independent report into funding for tax and welfare devolution
- Scottish councils given powers to run own bus services
- Royal Mail workers to vote on strike over pay
- Scottish film industry projected to grow to £1 billion by 2030
- Scottish Government announces £10m investment in net-zero energy
- 19 October 2023 proposed as date for second Scottish Independence Referendum
- Great Perthshire Festival 2022
- Courier Awards