Chancellor backs UK innovation agency with £185m for growth

Posted on 28 Jun 2013 by The Manufacturer

Chancellor George Osborne has announced a £185m budget increase for the Technology Strategy Board to build on existing support programmes and support economic growth.

The funding will see established, successful business support programmes benefit from the budget increase and new programmes are set to be developed. Areas set to benefit include the Biomedical Catalyst, additional support for innovations in energy and biotechnology and the network of Catapult centres. Universities and Science Minister David Willetts said: “The increase in funding…

This content is for subscribers only. Subscribe now for free to read the full article.