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Innovate UK

  • Team GB Olympic medallist raises £5m to make health tech as common as iPhone

    Sport Business

    Olympic medallist turned health tech entrepreneur Andrew Steele has raised nearly £5m ahead of the US launch of his latest venture, Stride. Steele – part of the Team GB 4 x 400m relay squad awarded bronze in Beijing 2008 – co-founded genetic testing firm DNAfit and sold it to David Beckham-backed global giant Prenetics for [...]

    Andrew Steele, Founder at Stride, smiling at the camera with a blurred background
  • 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 [...]

    Executives and team celebrate Arm Holdings spinout on the Nasdaq exchange with confetti, Cambridge.
  • 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.

    Keir Starmer and Rachel Reeves touring PsiQuantum, highlighting advancements at the worlds largest quantum technology company
  • Whitehall pledges skills drive as AI wounds UK’s job market

    September 23, 2025

    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 [...]

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