Have you, or are you developing an innovative new product or service? Innovation doesn’t have to be the next new IPhone or driver-less car…Deliveroo – the food delivery service is a great example of innovation, and a business which has successfully accessed funding to bring their idea to life.
To recognise this, UK businesses driving innovation and development will be helped through the coronavirus outbreak with a £1.25 billion government support package. The package includes a £500 million investment fund for high-growth companies impacted by the crisis, made up of funding from government and the private sector. SMEs focusing on research and development will also benefit from £750 million of grants and loans.
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