Artificial Intelligence: New Businesses
The question
To ask the Secretary of State for Science, Innovation and Technology, what steps his Department is taking to ensure that small AI startups in the UK receive adequate support and resources to compete effectively.
Answered by Feryal Clark
The Government is committed to supporting the digital economy, removing barriers to inclusive economic growth, and ensuring that the UK remains one of the best places in the world for our great tech businesses to start, scale and stay.
Programmes such as the SEIS/EIS schemes and R&D Tax Credits demonstrate the UK’s commitment to supporting tech companies in thriving in the UK.
The AI Action Plan sets out our intention to support the growth ambitions of businesses across the AI sector. Initiatives include opening the AI Research Resource to a wider pool of SMEs to drive forward new AI-enabled innovations, fostering national champions within the UK startup ecosystem, and unlocking data assets for startups to access.
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