Millions of investment for tech innovations: regions in the upswing!

Millions of investment for tech innovations: regions in the upswing!

On July 16, 2025, the British Ministry of Science, Innovation and Technology (DSIT) launched the Regional Tech Booster program. With a princely investment of £ 1 million, the government wants to boost the tech growth figures in the regions of Scotland, the northeast, Humber and East as well as South Yorkshire. The aim here is to specifically support entrepreneurs outside of London. But how exactly is that supposed to succeed?

The program relies on a combination of mentoring, access to funding and the development of skills. The government wants to close the gap between the technology ecosystems in London and the regions. Baroness Jones, Minister of Technology and Digital Future, emphasizes how important it is to invest in regional talents and ideas. This is a central component of the government's plan for change, such as GOV.UK reports.

a strong foundation for innovation

But that's not all. According to [Hawksford] (https://www.hawksford.com/insights-and-guides/uk-tech- Company-Government support), the technology sector in the UK is the largest in Europe and contributes to the economy every year. At more than 1.7 million employees you can see how important this sector is for economic growth. The British government has decided to belong to the best three countries worldwide by 2035 when it comes to establishing, investing and scaling technology companies.

Especially in the area of artificial intelligence (AI), the investment remains robust. In the first quarter of 2025, British AI startups have secured over £ 1 billion in financing, the highest amount in the past three years. This is not only a sign of growth, but also for the potential that the technology sector still has to increase the country's competitiveness.

together strong in the competition

Another aspect that should be emphasized are the measures presented in the latest Autumn Statement 2023 . Here, £ 500 million were announced for the creation of AI crippling capacities, together with special funds for innovative technologies and startups. These funding is not only a reaction to the evaluation of the research system, but also a sign of the government's determination to continuously invest in innovation and knowledge formation.

The Autumn Statement relies on a variety of initiatives that aim to further promote the innovation spirit. This includes, among other things, that up to £ 750 million are provided for a new national supercomputer at the University of Edinburgh. Further major investments concern the quantum computing technologies and the development within the new UK Semiconductor Center.