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<p>The Government’s financial support for Rolls-Royce is provided via various routes,
including support for their exports and research and development (R&D) in areas
such as civil aerospace, civil nuclear, and defence. This year, the Government’s support
has included funding through the Bank of England’s Covid Corporate Financing Facility
and a partial guarantee by UK Export Finance of a 5-year, £2 billion commercial term-loan
facility.</p><p> </p><p>One of the Government’s key funding streams is through Innovate
UK, part of UK Research and Innovation. For the 2019/2020 competition year of the
Aerospace Technology Institute programme, Rolls-Royce have had grant offers totalling
£63,374,303 to support total project costs of £143,203,408. This money will be paid
out across the life of the projects.</p>
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