Connect with us

Hi, what are you looking for?

Business

Government launches £40 million fund to unlock 5G benefits across the UK

The government has launched a £40 million fund to local and regional authorities to increase 5G innovation and digital connectivity for residents and businesses, set to boost productivity by £159 billion by 2035.

This fund supports the Prime Minister’s goal of expanding the British economy through digital infrastructure such as innovative healthcare, smart transportation, and new farming practices, aimed at authorities in the manufacturing, transport, agriculture and public services sectors.

The funding will allow towns, cities and rural areas across the UK to take full advantage of the benefits, advancing wireless connectivity while offering a faster delivery of public services and breaking down barriers which hinder the rollout of emerging technologies.

Applications which are now open will close on the 10th September 2023 and the winners, who will be announced later in the year, will be a part of the newly created 5G Innovation Regions supported by the UK Telecoms Innovation Network (UKTIN) which will also launch a nationwide campaign

Elizabeth Anderson, Interim CEO at Digital Poverty Alliance commented:”It is fantastic to see the government taking action towards providing improved connectivity for all as our world becomes increasingly digital. Those without access miss out on a number of opportunities, from education level to employment and all the way through to retirement age. Services such as online portals to access homework or school resources, job applications and online banking all require digital connectivity, highlighting just a few of the many services that are now accessible online. ”

“Currently, 11 million people are experiencing digital poverty in the UK, excluding them from everyday resources or services that many of us take for granted. While it is positive to see the government prioritising digital connectivity, more must be done and businesses, charities and public bodies should come together to tackle affordability and basic digital skills, to ensure online connectivity and digital access is not just a privilege, but a basic necessity made available to all.”

The Minister for Data and Digital Infrastructure, Sir John Whittingdale, said: “Greater adoption of 5G-powered technologies will help deliver more efficient public services, new opportunities for residents and businesses, and a boost for economic growth –  and this new fund will give local areas from across the country the opportunity to be at the forefront of Britain’s world-leading 5G revolution.

Improving connectivity through a world-class digital infrastructure is one of the core components of the government’s plans to level up every community in the UK and I encourage local areas to apply and to be ambitious in their vision for reaping the rewards of 5G.”

Read more:
Government launches £40 million fund to unlock 5G benefits across the UK

Advertisement

    You May Also Like

    Investing

    RevisingTheBankSecrecyAct_NorbertMichelAndJenniferSchulp_CMFAWP007   The post Revising the Bank Secrecy Act to Protect Privacy and Deter Criminals (CMFA Working Paper No.007) appeared first on Alt-M.

    Investing

    Recently, an investment advisor and Bitcoin proponent tweeted the claim that “[f]or most of human history” the “[s]eparation of money and state was the...

    Business

    Rollee enables worker’s to share their professional data, spread over one or more financial platforms. Ali Hamriti, CEO and Co-Founder of Rollee, is on...

    Business

    The energy crisis means that as the price of wholesale commercial energy hits an unprecedented high, businesses must pay notably more for their energy...

    Disclaimer: successfuldealnow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 successfuldealnow.com | All Rights Reserved