The 2025 Budget increases public R&D spending to £22.6 billion and places strong emphasis on eight priority sectors identified in the Government’s Industrial Strategy. This article explains what innovative SMEs need to know, how funding will be targeted and what steps businesses should take to align with upcoming Innovate UK and UKRI programmes.
Richard Malczyk
Innovate UK’s “Simpler” Funding Pathway: Why SMEs Still Need Expert Guidance
Innovate UK says it is simplifying funding access. But for SMEs, tighter word limits, long delays, inconsistent assessments and fierce competition make applications tougher than ever. UKBA advisors explain why expert guidance is now essential to secure success.