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What this organization does: It helps UK-based companies sell their products and services overseas and aims to attract high-quality foreign direct investment into the UK. How its product works: It provides services, guidance, and connections through government-backed support to facilitate exports and investment, acting as a bridge between UK businesses and international markets. How it differs from competitors: It is a government agency backed by public funding, focused on national trade promotion and inbound investment rather than private-sector commercial services. What its goal is: To boost UK trade by increasing exports and attracting foreign investment to support economic growth.
Industries
Government & Public Sector
Social Impact
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
London, United Kingdom
Founded
1989
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The UK government is disbanding the Department for Science, Innovation and Technology (DSIT) after just two years, splitting its responsibilities among other departments. Digital transformation duties will transfer to the reborn Department for Digital, Culture, Media and Sport (DCMS). The Government Digital Service and Central Digital and Data Office, which moved to DSIT in 2024, will likely relocate to DCMS. GDS manages digital strategy across government and recently launched a roadmap for modern digital government focusing on AI and public infrastructure. The reorganisation comes as a recent select committee report criticised the lack of a clear plan for achieving the government's "truly digital state" vision. DSIT also led the Matrix shared services project, recently rated "red" for major issues with schedule and budget. Tech industry relations will move to the new Department for Business, Innovation, Science and Trade.
The Public Investment Corporation (PIC) has backed Bambili Energy's hydrogen manufacturing venture, which aims to create approximately 1,200 jobs once fully operational. The PIC acquired a 15% stake in Bambili Energy in October 2023 on behalf of the Government Employees Pension Fund and the Department of Science, Technology and Innovation. Bambili Energy's subsidiary HyPlat manufactures membrane electrode assemblies for hydrogen fuel cells and electrolysers, becoming South Africa's first manufacturer and exporter of these components to European customers. The company has completed a bankable feasibility study for a large-scale manufacturing facility expected to create 440 construction jobs and 1,200 permanent positions. PIC board chairperson Dr David Masondo emphasised the investment's role in industrialisation and mineral beneficiation, particularly for platinum group metals, positioning South Africa in the growing global clean-energy value chain.
The UK government has announced a £470 million funding package to support the chemicals and ceramics sectors, with £350 million allocated to the Critical Chemicals Resilience Fund and £120 million for ceramics manufacturing. The chemicals fund will support strategically important producers supplying critical inputs to food, energy, water and healthcare sectors. It aims to strengthen supply chains, maintain competitiveness and support skilled jobs whilst reducing regulatory costs for businesses. The ceramics package will back capital investment in energy efficiency and decarbonisation projects, providing operational support for firms managing increased costs. The sector produces materials vital for housebuilding, smartphones, advanced manufacturing, defence and technology applications. The government confirmed the package will not increase medium-term borrowing, with all costings subject to standard Office for Budget Responsibility certification.
A local Dumfries and Galloway builder is on the path to net zero after accessing funding and advice from Business Gateway on how it could reduce its carbon
Ten Nigerian startups have each received $56,000 under the TECA Heat Action Wave programme, which addresses extreme heat impacts on agriculture, health and infrastructure. The initiative is backed by BFA Global, FSD Africa, ClimateWorks Foundation and the UK Foreign, Commonwealth & Development Office. The ventures, operating across Lagos, Kaduna and Edo states, tackle heat-related challenges including crop stress, livestock losses, food spoilage and health risks for outdoor workers. Six of the ten startups have female co-founders. Alongside funding, participants receive venture-building support covering product development, user testing, business model refinement and investor readiness training. The programme runs through 2026, concluding with demo days and investor engagements. Top performers will receive additional support to scale their solutions across vulnerable communities.
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Industries
Government & Public Sector
Social Impact
Company Size
1,001-5,000
Company Stage
N/A
Total Funding
N/A
Headquarters
London, United Kingdom
Founded
1989
Find jobs on Simplify and start your career today