Government plots university spinout crackdown Entrepreneurship The government is plotting to clamp down on the number university spinouts that shift their operations abroad or float overseas, the boss of the body responsible for research investment has said, in a move likely to spark unrest among founders and the venture capital industry. Sir Ian Chapman, the chief executive of UK Research and [...]
Forget AI, Britain can win the quantum era Opinion Britain might not have the deepest pockets anymore, but in quantum theory, small is powerful, writes Tom Adeyoola.
Whitehall pledges skills drive as AI wounds UK’s job market Business The UK government is seeking to strike a balance between the promise and the perils of AI, with ministers insisting they are preparing for a range of outcomnes as the technology reshapes the labour market. Kanisha Narayan, a junior minister at the Department for Science, Innovation, and Technology (DSIT), said the administration was “monitoring data [...]
Innovate UK cuts prove women are still being told entrepreneurship isn’t for them September 6, 2024 As half the promised number of female founders are awarded funding from Innovate UK, women are still facing too many barriers in tech, says Camilla de Coverly Veale Heist movies are famous for the double cross reveal – but last weekend we weren’t at the movies when a heist was revealed and 1450 female founders found themselves [...]
Innovate UK U-turns on female founder grants after outrage September 2, 2024 Innovate UK has promised to grant awards to a total of 50 business projects as part of its Women in Innovation funding competition after hundreds of founders came together to criticise its decision to only hand out 25 awards. The group was criticised by female business leaders after announcing that it intended to only award [...]