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Over fifty projects have been given £5.9 million of support from the Welsh Government to invest in equipment that will help develop and embed new innovative products and services.
Grants from the SMART Capital Equipment Fund and the Circular Economy Fund for Business were given to support organisations to invest in innovation with the aim of improving people’s lives, growing the economy and addressing the climate and nature emergencies.
Businesses of any size, research organisations, academic institutions, including further education colleges, and third-sector organisations were invited to apply for the funding.
Investment has been targeted towards activity which will help deliver the missions laid out in the Welsh Government’s innovation strategy, Wales Innovates and support has since been offered to projects across Wales that cover all areas of the economy.
For further information please select the following link: £5.9 million of Welsh Government support given to businesses investing in research and innovation | GOV.WALES