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<p>In order to inform delivery of the Government’s Industrial Strategy, the Department
regularly reviews data and assessments relating to our cities, towns and rural areas,
to understand both the challenges they face and the competitive advantages they hold.
Our Ageing Society Grand Challenge includes £98 million of Industrial Strategy Challenge
Fund investment into a ‘healthy ageing programme’, which will drive the development
of new products and services to help people live in their homes longer, tackle loneliness
and increase independence and wellbeing.</p><p> </p><p>BEIS is also supporting economic
development and tackling regional disparities across the UK through the Strength in
Places Fund, which received an additional £120 million of funding in Autumn Budget
2018. The programme supports businesses across the UK to adopt new technologies and
to drive innovation-led growth, driving economic prosperity across all areas of the
UK.</p>
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