£7 million to back next wave of
AI innovations

Small and medium-sized enterprises (SMEs) encouraged to bid for a share of £7 million for artificial intelligence (AI) projects. SMEs looking to adopt AI solutions to address a business challenge in high-growth industries could receive a share of £7 million as two new competitions launch today. High-growth industries include: agri-food; construction; transport and logistics; the creative industries. Studies will support development of a range of AI solutions to address business challenges faced by high-growth industries, so they can take advantage of AI’s transformative opportunities. Applications are encouraged from a lead SME looking to adopt AI, working collaboratively with an SME or academic partner. Together they would look to develop AI solutions to solve an industry problem, using AI to improve business productivity.