V-Lab has secured £165,006 ($209,949) in UK government funding to advance its AI-driven software designed to train individuals in the construction industry.
The company provides virtual simulations that mirror real construction environments, enabling workers to practice risk assessment and adhere to safety standards.
The development will help foster a competent workforce for the country’s infrastructure needs.
V-Lab is among the recipients of a share of the £32m from recent UK government funding.
Today (7 August), a government announcement confirmed that nearly 100 AI projects will receive financial support as part of its strategy to elevate productivity and stimulate growth across the economy.
From Southampton to Birmingham, and extending to Northern Ireland, a total of 98 projects will benefit from this funding, encompassing more than 200 enterprises and research entities across various sectors, including public services.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataThese projects aim to drive efficiencies and minimise administrative burdens.
The funded projects are part of the UK Research and Innovation Technology Missions Fund, which aims to cement the UK’s leading position in AI technologies now and into the future.
The projects are implemented via the Innovate UK BridgeAI programme.
UK Minister for Digital Government and AI Feryal Clark said: “AI will deliver real change for working people across the UK – not only growing our economy but improving our public services.
“That’s why our support for initiatives like this will be so crucial – backing a range of projects which could reduce train delays, give us new ways of maintaining our vital infrastructure, and improve experiences for patients by making it easier to get their prescriptions to them.
“We want technology to boost growth and deliver change right across the board, and I’m confident projects like these will help us realise that ambition.”