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Tuesday, 20. November 2018  


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New £150m Innovation Fund

NESTA  has welcomed the Government's initiative to set up a £150 million Innovation Fund, which will leverage private capital ultimately creating a fund worth £1 billion.


NESTA has led calls for the Government to inject finance to support early stage high-tech businesses. It first raised concerns about the lack of funding support for high-tech companies in September last year.

In a report published last month called "Reshaping the Uk Economy" (http://www.nesta.org.uk/reshaping-the-uk-economy/)  which has been shared over recent weeks with the Government, NESTA has urged the Government to release at least £150 million which would catalyse private sector investment into struggling start-ups.
 
 

 

 

 

 



 

 


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