The Sovereign AI Fund is the UK Government's new venture fund dedicated to backing Britain's AI founders, and if offering grants of £1 million to £9 million to fund the creation of strategic AI assets.
The programme initially focuses on two asset classes:
- high-value AI datasets
- and autonomous or automated laboratory infrastructure
The grants are open to AI startups, research organisations, universities and other types of organisations that may be best placed to create the asset. Consortia are welcome. The scheme sits within the Sovereign AI Funds wider offer to support AI firms in the UK.
The final full application closing date is 5 June 2026 at 2pm.
For further information and to apply please select the following link: Sovereign AI Strategic Assets Grants Programme - GOV-UK Find a grant.
AI is transforming how businesses across Wales innovate, compete, and grow. To help businesses understand and adopt AI with confidence, Business Wales is developing an AI awareness and adoption support programme for micro and small-to-medium enterprises (SMEs). The aim of the programme is to help Welsh SMEs, entrepreneurs and microbusinesses to integrate AI into their business practices ethically and effectively, enhancing productivity, innovation, and competitiveness. Visit our AI page for more information.