Getting enough funds to start a new business sometimes feels as likely as winning the lottery! But there is a silver lining – at least in the UK.

Hi-tech startups can apply for the all new UK Innovation Investment Fund.

Prime Minister Gordon Brown announced that life sciences, plus digital and advanced manufacturing businesses are at the top of the list of companies that can claim a piece of the £200 million government commitment plan for growing enterprises.

But, will the £200 million up for grabs be enough if divided by 3 hi-tech industries? £1 billion would probably be more in tune.

UK Plc in tune? Maybe not, but with the eligibility of bank loans close to zero, it’s a half start!

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