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Gov Encourages Pension Firms to Invest in UK Science, Tech and Digital
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ISPreview UK
But the government wants to see more money going toward this field as part of efforts to boost growth via their ‘Plan for Change’.
In order to support pension firms to invest with clarity, the Government has introduced its new Innovation Cluster Map, which is said to outline pockets of outstanding research and commerce across different parts of the UK (i.e.
helping investors to better identify the companies, sectors and regions of the UK to target for investment).
Science Minister, Lord Vallance, said: “There are far too many UK companies operating at the cutting-edge of emerging technologies, like AI, biotechnology and quantum to which UK investors are underexposed.
Through our Industrial Strategy, we are building an environment where public funding, streamlined regulation and partnerships with industry are channelling investment into science and technology.