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AI Grants for Business

The Department for Science, Innovation and Technology (DSIT) recently announced a £7.4 million pilot scheme to subsidise the cost of AI skills training for small and medium-sized enterprises (SMEs) in the Professional Business Services sector.  £6.4 million of grant funding is available.

Through this pilot programme, eligible business can apply for funding for up to 50% of the cost of AI skills training. This is training which supports employees to develop their technical skills and/or understanding of AI to be able to develop, deploy, or use AI in their role. The application window is now open until 31 May.

Your business must trade in one of the following SIC codes:

M – Professional, scientific, and technical activities
69 Legal activities/accounting, bookkeeping and audit
70 Activities of head offices, management consultancy
71 Architectural and engineering activities, technical testing and analysis
72 Scientific research and development
73 Advertising and market research
74 Other professional, scientific and technical activities
77 Rental and leasing activities

N – Administrative and support service activities
78 Employment activities
82 Office administration and other business support activities

To fins out more about the application process, please get in touch.

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