Businesses set for £125 Million Innovation Boost

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Insider Media report that businesses are set to receive a £125m boost to make their innovative ideas a reality and bring new services to the market.

Of the total, £100m will be made available through the government's 'Smart' grant programme, which supports companies to take initial ideas from concept to full commercialisation.

The remainder will come from Innovate UK and will be allocated to late-stage research and development projects.

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