{"id":1151,"date":"2020-05-26T00:00:00","date_gmt":"2020-05-26T00:00:00","guid":{"rendered":"https:\/\/slacc.co.uk\/index.php\/cash-boost-for-new-business-start-ups\/"},"modified":"2020-05-26T00:00:00","modified_gmt":"2020-05-26T00:00:00","slug":"cash-boost-for-new-business-start-ups","status":"publish","type":"post","link":"https:\/\/slacc.co.uk\/index.php\/cash-boost-for-new-business-start-ups\/","title":{"rendered":"Cash boost for new business start-ups"},"content":{"rendered":"<p><strong>Innovative businesses and start-ups are set to benefit from a &pound;40 million government investment to drive forward new technological advances. It was announced 20 May 2020, that government is doubling investment in the Fast Start Competition with an additional &pound;20 million.<\/strong><\/p>\n<p>The competition aims to fast-track the development of innovations borne out of the coronavirus crisis while supporting the UK&rsquo;s next generation of cutting-edge start-ups.<\/p>\n<p>Among the successful projects to receive the funding to date, is a virtual-reality surgical training simulator and an online farmers&rsquo; market platform.<\/p>\n<p>Innovate UK has received a record number of applications &ndash; over 8,600 to the Fast Start Competition and will now be able to distribute investment to over 800 projects.<\/p>\n<p>Projects receiving funding include:<\/p>\n<ul>\n<li>I3d Robotics which is building a virtual-reality training\/teaching platform to enable medical students to upskill remotely and perform simulation surgeries.<\/li>\n<li>Volunteero Ltd has developed a social media app to connect local communities and allow volunteers to target support to the most vulnerable members in their neighbourhoods.<\/li>\n<li>Elchies Estates Limited is setting up new virtual farmers&rsquo; markets to replace traditional markets which have had to close as a result of COVID-19, providing a platform for local businesses and farmers to sell produce.<\/li>\n<\/ul>\n<p>&nbsp;<\/p>\n<p>The Fast Start Competition was launched in April in response to the outbreak and is being managed by Innovate UK.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<!-- -->","protected":false},"excerpt":{"rendered":"<p>Innovative businesses and start-ups are set to benefit from a &pound;40 million government investment to drive forward new technological advances. It was announced 20 May 2020, that government is doubling investment in the Fast Start Competition with an additional &pound;20 million. The competition aims to fast-track the development of innovations borne out of the coronavirus [&hellip;]<\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_links_to":"","_links_to_target":""},"categories":[1],"tags":[],"class_list":["post-1151","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/slacc.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/slacc.co.uk\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/slacc.co.uk\/index.php\/wp-json\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/slacc.co.uk\/index.php\/wp-json\/wp\/v2\/comments?post=1151"}],"version-history":[{"count":0,"href":"https:\/\/slacc.co.uk\/index.php\/wp-json\/wp\/v2\/posts\/1151\/revisions"}],"wp:attachment":[{"href":"https:\/\/slacc.co.uk\/index.php\/wp-json\/wp\/v2\/media?parent=1151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/slacc.co.uk\/index.php\/wp-json\/wp\/v2\/categories?post=1151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/slacc.co.uk\/index.php\/wp-json\/wp\/v2\/tags?post=1151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}