<ul><li>Innovation funding plays a crucial role in supporting the growth of SMEs in the UK's tech industry.</li><li>The funds invested in new facilities and workforce development have a significant impact on the business and the wider economy.</li><li>Innovation funding can take various forms, including grants, patent box, and capital allowances.</li><li>R&D tax relief is one of the well-known forms of innovation funding, offering benefits to companies engaged in qualifying R&D activities.</li></ul>

Supporting growth in the tech industry through innovation funding

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