New government investment in tech project trials

Feb 4, 2019 ·

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Innovative new projects are set to receive government investment to help businesses make better use of technology and modern management practices. Small firms, academia and local authorities can now apply for a share of the next wave of funding to help them become even more profitable.

Technology projects and pilots across the country – including digital dairy farming, artificial intelligence (AI) chatbots and cloud computing technology – are among those set to benefit from a new fund to boost the productivity of UK small businesses, Small Business Minister Kelly Tolhurst has confirmed.

A total of 15 projects from all parts of the UK won a share of £2m from the first round of funding from the Business Basics Fund. Among the winning bidders are cutting-edge collaborations between businesses and groups including the Chartered Institute of Professional Development (CIPD), Enterprise Nation, universities, Cavendish Enterprise, government-backed growth hubs and local authorities.

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