Subscribe to Our Newsletter

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn't arrive within 3 minutes, check your spam folder.

Ok, Thanks

How the UK plans to become a science and technology superpower by 2030

From attracting tech talent globally to investing in clean tech initiatives, the United Kingdom has long been known for its efforts in advancing technological innovations. This week, the government under the leadership of Prime Minister Rishi Sunak and Science, Innovation and Technology Secretary Michelle Donelan, laid the foundation of what

Techloy profile image
by Techloy
How the UK plans to become a science and technology superpower by 2030
Photo by dylan nolte / Unsplash

From attracting tech talent globally to investing in clean tech initiatives, the United Kingdom has long been known for its efforts in advancing technological innovations.

This week, the government under the leadership of Prime Minister Rishi Sunak and Science, Innovation and Technology Secretary Michelle Donelan, laid the foundation of what could become the UK's most audacious plan to become a science and technology superpower by 2030.

Through the new Science and Technology Framework, the government plans to invest £360 million into improving infrastructure, investment, and skills for growing UK tech companies, with advanced technology including quantum, supercomputing, and Artificial Intelligence (AI).

UK tech startup investment breaks first quarter record and overtakes India and China for the first time
Venture Capital investment into UK-based tech startups saw the biggest annual opening on record despite the start of global economic uncertainty, with $11.3 billion raised in Q1 of 2022 compared to $7.9bn in Q1 of 2021, according to data from Dealroom and Tech Nation. As of the date

“Today, we are putting the full might of the British government and our private sector partners behind our push to become a scientific and technological superpower, because only through being world leaders in future industries like AI and quantum will we be able to improve the lives of every Briton,” said Michelle Donelan, the UK's Science, Innovation, and Technology Secretary.

The country is boasting a commitment of £250 million to ‘technology missions’ "that exploit and sustains the UK’s global leadership in three critical technologies artificial intelligence, quantum technologies and engineering biology."

Through its National AI strategy, it hopes to ensure that AI technologies can be used in the UK to increase resilience, productivity, growth and innovation across the private and public sectors.

Techloy profile image
by Techloy

Subscribe to Techloy.com

Get the latest information about companies, products, careers, and funding in the technology industry across emerging markets globally.

Success! Now Check Your Email

To complete Subscribe, click the confirmation link in your inbox. If it doesn’t arrive within 3 minutes, check your spam folder.

Ok, Thanks

Read More