The focus for new and innovative ideas is being promoted by government agencies in many countries and UK government funding is one of them. The UK government has announced funding worth million of pounds for various new initiatives such as switching to electric vehicles or consumption of alternative fuels, low carbon and low fuel cell technologies, plug-in-grant, grant for research and development, grants for research in health sector, education grant etc.
Amidst a lot of economic challenges these UK government funding grants are putting lot of impetus on better and sustainable future and promoting technologies that work towards reducing the impact of currently prevailing carbon intensive lifestyle.
UK government funding is promoting the use of environmentally friendly technologies such as electric vehicles and use of alternative fuels under its Infrastructure Grant Programme. This funding is meant for all businesses that would be installing alternative fuel infrastructure, irrespective of the size of the company. Even after confirming to the basic eligibility, the companies have to qualify certain criteria to obtain this UK government funding.
Grant for research and development is another UK government funding solutions meant for commercial products developed by England based individuals or small and medium-sized businesses (SMEs) through research and development on technologically pioneering products. Grants are also available under Enterprise Capital Fund, an initiative of UK government funding to promote new and eco-friendly business ideas. These funding initiatives are meant to not only support the start-up business ventures and help them overcome the initial financial and economic shortcomings at the same time innovate and trade internationally. Funding is also available to strengthen the scientific and technological innovation within industry and support international competitiveness.
UK government funding is also available for programmes that are targeted towards improvements in health sector such as public health, health services, social care R&D to name a few.
Another important area that receives UK government funding is the education sector. Government is hugely promoting education at all levels from school to college and universities through various scholarships and studentships to help bright students pursue their studies without having concern to arrange enough money for funding it.
With government funding is available at various levels, it is often advised to receive funds at local level as they are seen as easiest one to get. Local council in UK provides good funding to improving infrastructure and providing various services to the residents of the council. The task is much easier if one personally knows the local councilors who are always forthcoming to promote innovative and winning ideas. So, set your dreams free and look out for a good funding opportunity from UK government.