Cable announces £20m for UK industrial biotechnology

Posted on 19 Feb 2015 by Victoria Fitzgerald

Business Secretary Vince Cable has unveiled the winners of a multi-million-pound competition to bring innovative UK biotechnology projects to market.

A total of 23 projects, ranging from making biofuel from household waste to using bacteria to make the building blocks for new medicines, will share almost £20m from the Industrial Biotechnology Catalyst, introduced in January 2014 to support collaboration between UK researchers and the emergent industrial biotechnology sector. Industrial biotechnology is a rapidly emerging industry…

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