Government funding stories

QHeart will begin a first-in-human trial of its pumpless Transcatheter Aortic Recoil Repair heart failure device in Australia in 2026.

Canadian quantum firm Xanadu says its first quantum data centre in Toronto could cut energy use dramatically for complex AI workloads.

BDO Canada acquires GrantMatch, adding grants specialists and a funding-tracking platform to expand its Credits & Incentives services.

Preston’s restored red phone boxes are set to become a permanent LED art canvas, blending heritage street furniture with digital culture.

Hubtel IT boosts staff by 25% and targets GBP £2.5m turnover as it ramps up AI and cyber security services for UK small businesses.

New Zealand launches an AI advisory pilot, offering up to NZD $15,000 co-funding to help small firms plan and safely adopt AI tools.

Canada commits to expanding high-speed internet to 1,922 rural and Indigenous homes across 28 communities in Saskatchewan.

Canada commits CAD $244.2m to new DI Assist scheme, backing SMEs to develop defence and dual-use tech and bolster its industrial base.

UK launches central Cyber Unit to harden public sector defences, as experts warn GBP £210 million funding may fall short of ambitions.

MRead secures AUD $1.6m grant to advance MineReader, a handheld magnetic resonance landmine scanner aimed at faster, safer demining.

Federal Economic Development invests CAD $2.4 million in Black Creek Community Health Centre to back Black entrepreneurs across Toronto.

Waipuna Hospice partners with Middlebank Consulting Group to enhance logistics, cut costs, and boost efficiency, securing sustainable care for life-limiting illnesses.

SOUTHSTART secures AUD $2 million from South Australian Government, ensuring its innovation festival continues through 2028 with expanded startup opportunities.

HATLAB Studio launches Smart Data Transformation Programme with USD $40m backing to help firms convert customer data into secure, self-custodied digital assets.

UK universities and insurers have launched a GBP £2 million project to develop insurance products addressing risks from commercial artificial intelligence use.

Funding will boost AI adoption in industries such as aircraft maintenance, retail, and recycling, with private funds leading.

Ministry invests in HealthSpark, a Vector Institute programme boosting AI-driven healthcare innovations and startups.

The UK’s new Industrial Strategy pledges GBP £6.6bn to the British Business Bank and GBP £500m for quantum computing to boost tech innovation and growth.

UK and European finance teams boost automation adoption, with 81% increasing use to combat fraud and ease regulatory burdens, says survey.

Coleg y Cymoedd has reported £5.9 million in financial benefits and an 18% rise in enrolments thanks to ARNY, a bilingual AI assistant launched with ICS.AI.