Over the last six years, Buckinghamshire-based firms received £30m of innovation funding from the UK Government, via Innovate UK, and £9m of innovation funding, via the Horizon 2020 programme. 60% of Innovate UK funding coming into Buckinghamshire was awarded to small and medium-sized firms. The bulk of this funding has been used to undertake innovation in the manufacturing, materials and mobility sector. Three companies in receipt of some of the largest grants (Gridserve Sustainable Energy Ltd, Safran Electrical & Power UK Ltd and Constellium UK Ltd) have used the funding to undertake sustainable energy related innovation. A list of all companies who have received Innovate UK funding can be found here. Two medical technology companies (Lightpoint Medical and Resolve Optics) are amongst Buckinghamshire’s top recipients of Horizon 2020 funding. A list of all companies receiving Horizon 2020 funding can be found here.
