Science and Technology is our Superpower
There’s never been a better time to invest in UK science and technology or scale up your business.
The UK has been at the forefront of scientific and technological innovation for centuries. This passion for advancement hasn’t changed.
The UK government are fuelling the three engines of our innovation success story: having the right skills for the future, the right conditions for startups to scale up, and a regulatory environment that supports innovation and long-term business confidence.
Whether it’s quantum, artificial intelligence, engineering or medical research, there’s never been a better time to invest in our world-leading science and technology sectors, or capitalise on support to scale up your business. Because this is the UK, and science and technology is our superpower.
Invest in science & technology
Why you should invest in the UK’s world-leading science and technology sectors.
Scale up your business
The latest advice, support, funding sources and more to help you scale up in the UK.
The UK’s Commitment to growth
In Autumn 2023, the UK government announced a comprehensive set of initiatives to maintain our place at the cutting edge of science, innovation and technological advancement. This included £750 million in 2023/24 for new transformative Research & Development (R&D) activity.
The full details of our passion and commitment to R&D are outlined in the Science and Technology Framework, which includes investment in R&D reaching £20bn per year by 2024/25.
The largest technology ecosystem in Europe
and the third in the world to have a $1 trillion tech sector valuation.
More unicorn billion-dollar technology startups
than Germany, France and Sweden combined.
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Home to the largest number of quantum companies in Europe
Attracting more private investment than any other European nation.
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The third-largest AI market in the world
Currently valued at over $21bn, and estimated to grow to over $1tn by 2035.
UK engineering biology firms have fundraised over £5.2bn
Between 2017-2022, third in the world after the US and China.
14 of the world’s top 20 semiconductor companies
Our Life Sciences companies raised over £10.5bn of venture capital investment
From 2020-2022, more than Canada, Germany and France combined.
