Innovate UK is the UK’s innovation agency.
Innovate UK and the Economic and Social Research Council (ESRC) are investing £26.5 million in the Next Generation Professional and Financial Services programme. This programme helps professional service sectors, including law to develop and use digital technologies. It aims to transform UK professional and financial services by responsibly developing and deploying digital technologies to deliver world-leading services through five strands of activity:
Adoption – Support for adoption in demand side firms through two new dedicated Innovation Adoption Accelerators.
R&D support – Collaborative R&D innovation support programme for lawtech, accountech, fintech and insurtech.
Data access – Data access in cross sectoral areas of professional and financial services.
Networking – Connecting, disseminating learning and building community through the AI for Services network.
International – Support to develop international collaboration opportunities.