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Old 5th May 2022, 10:20
  #472 (permalink)  
206 jock
 
Join Date: Feb 2004
Location: South of UK
Posts: 520
Received 18 Likes on 15 Posts
Originally Posted by toptobottom
Good question. If he has 450 orders at £100k a pop, he has £45m in non-refundable deposits. What percentage will Innovate UK match? Even if it's 50%, Jason will have £67m, which I don't think will be anywhere near enough to complete the programme.
Hill received £1.4m from Innovate UK. https://app.dimensions.ai/details/grant/grant.8483424.

"This project will create growth and new jobs in the South-West". Interesting - I thought Rugeley was in the Midlands........still, what's a little white lie among friends, eh?

Anyway, good to know that the Allison 250 engine had an original (not achieved ) development budget of $6.4m. In the 1950s. https://verticalmag.com/features/the...enginethatdid/. Given inflation that's $63.2m in today's money. Just for the engine, that didn't work as originally designed. However, St Jason didn't sprinkle his magic pixie dust over it.

Still, we're all just being whingeing primadonnas,
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