The UK government launches competition to create a tech start up support scheme

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The UK government has launched a competition to create a tech start up support scheme. The Digital Growth Grant will award £12 million to one successful bidder who can put together a programme that will open up tech skills and improve regional support networks after it was found that the UK companies have attracted more investment than China with a total of £12 billion in the first five months of this year. Chris Philp MP, the Digital Minister said: “The success of our startups and scaleups has driven the UK ahead of Europe and China to be second in the World for tech investment this year. We …

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