On 13 May, the UK Government launched its £120mn Future Nuclear Enabling Fund (FNEF) to help it achieve its goals to approve eight new reactors by 2030. Funding will be used to help mature potential nuclear projects ahead of any government process to select the next nuclear projects. The announcement states that the fund will provide targeted, competitively-allocated government grants which will help nuclear construction projects, including small modular reactors, to attract the private investment. DESNZ said that businesses can register their interest for funding, with grant awards expected to start later this year. It also invited nuclear stakeholders who are not planning on bidding for the fund to provide information from their experience that will help to improve the design of the fund ahead of opening the bid window in summer 2022.