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£375m Breakthrough fund opens for applications


New scheme aims to drive investment in UK’s high-growth, innovative and R&D-intensive firms

A new UK-wide £375 million public scheme to fund R&D-intensive firms, first announced in the March budget, is now open for applications.

Future Fund: Breakthrough will fund “fast-growing firms” looking to raise at least £30m of investment in fields such as life sciences, quantum computing and clean technology, the government said on 20 July.

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