Webinar: Unpacking the Autumn Budget 2024 – Key impacts on innovation funding and policy

Join Dr Jonathan Memel, Lydia Nurse, and Danny Vyse as they discuss the latest announcements from the Autumn Budget 2024 and explore their potential impacts on funding and policy for innovation-focused businesses and institutions. Focusing on government priorities, including Labour’s strategy for clean energy and industrial growth, this webinar will offer critical insights for businesses and innovators looking to capitalise on the changes ahead.

Topics include

• Labour’s Industrial Strategy and grant funding – Labour’s strategy prioritises investment in strategic industries such as high-value manufacturing, cleantech, and life sciences.
• Becoming a clean energy superpower – Labour’s ambitious target is to decarbonise the power system by 2030, with significant investments in gigafactories for electric vehicle batteries, green hydrogen, carbon capture, and renewable energy such as offshore wind.
• National Wealth Fund – Backed by £7.3 billion, Labour’s National Wealth Fund will drive investments in green industries, including £1.5 billion for gigafactories, £1 billion for carbon capture, and £500 million for green hydrogen​. How will this look in practice?
• Regional innovation – In previous Budgets, explicit investment was promised for Innovation Accelerators in cities like Glasgow, Manchester, and the West Midlands, aimed at boosting local economies through research and development​. Will we see similar promises from Labour?
• Life Sciences – The government’s strategy includes plans to boost innovation and manufacturing in the life sciences sector. We expect support for R&D and increased investment through public and private partnerships.
• Great British Energy – This new, publicly owned entity will be central to delivering clean energy projects, helping the UK meet its ambitious climate targets and ensure energy security.

Why attend?

The Autumn Budget 2024 and Labour’s focus on clean energy and industrial growth present significant opportunities for businesses and innovators. This webinar will help you stay ahead of the curve, giving you practical advice on adapting to and leveraging these changes.

Your Speakers

Dr Jonathan Memel leads Ayming’s UK Grants practice. He joined Ayming with seven years of experience in innovation and research grants. He has worked extensively with the primary grant funding sources for UK businesses, including Innovate UK, the Department for Energy Security and Net Zero (DESNZ), and Horizon Europe.

Lydia Nurse is an Assistant Manager in the Grants team at Ayming, where she specialises in helping businesses secure innovation grants to drive growth and development. With expertise in strategic funding and a keen understanding of the grant landscape, Lydia has a proven track record of guiding companies through complex funding applications. Her experience spans multiple sectors, positioning her as a critical resource for organisations seeking vital innovation funding.

Danny Vyse leads the marketing and communication team for Ayming UK & Ireland and is an Associate Member of the Chartered Institute of Marketing. For the past seven years, Danny has worked in innovation communications. He holds an MA in Roman & Byzantine Archaeology and, with a background in recruitment, health & safety, and software, thrives in bringing dusty topics to life.