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Briefing
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- Venture investment in startups – Chancellor Phillip Hammond promised £400 million to small innovative businesses as additional funding to ensure they remain and grow in Britain
- Driverless cars and connected railways – Announced £390 million investment in future transport technology, including £100 million for testing driverless vehicles and £450 million to digitize railways
- Research and development – Finances extra £2 billion per year for research and development (R&D) such as robotics and artificial intelligence by 2021
- Productivity investment fund – Setup £23 billion national productivity investment fund for housing, transport, digital communications and research sectors in five years
- Fiber optics investment – Invest £1 billion in digital communications, including £400 million in ultrafast fiber broadband networks
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Accelerator
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Sector
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Government (excluding military), Information Technology, Real Estate and Construction, Transportation and Logistics
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Source
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Original Publication Date
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November 23, 2016
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