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UK wide Innovation Strategy sets out long-term plan for delivering innovation-led growth. Increase annual public investment on R&D to a record £22 billion.
Invest £200 million through the British Business Bank’s Life Sciences Investment Programme to target the growth-stage funding gap faced by UK life science companies.
Create high-value new jobs and trading opportunities as we build back better. The UK Innovation Strategy sends a message to businesses: make innovation central to everything you do and tell us what further steps we can take to help you.