Local tech clusters in England and Wales

The UK government has announced a £20m funding boost to support local innovation economies across England and Wales, with the aim of advancing innovation in various sectors and creating jobs and growth in regions across the UK.

Summary of transaction details:

• Value: £20m
• Sector: Software/SaaS
• Advisor: None
• Key Entities: UK Government, local tech clusters in England and Wales
• Location: England and Wales

Note: This funding boost is part of the government's efforts to drive transformational research and products that improve lives, and is expected to have a positive impact on the local economies and industries in the regions receiving the funding.