£57 million funding backs Northern innovation
4 hours ago
1 min read
More than £57 million of new investment is set to help unlock the “momentum and potential” of innovative businesses across the North of England.
The British Business Bank has allocated funding to five Innovation Clusters, representing more than half of a £100 million national pot aligned with the Government’s Modern Industrial Strategy.
Greater Manchester will receive £17.5 million, followed by £13.5 million for West Yorkshire, £12 million for the North East, £9 million for Liverpool City Region and £5.5 million for South Yorkshire.
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