Government proposes £200 million Technology and Innovation Centre network
07 January 2011
The government has invited organisations to register their interest in forming a technology and innovation centre focused on the area of high value manufacturing. The centre will be the first of a national network of centres to be established and overseen by the Technology Strategy Board, working in partnership with universities and businesses to help commercialise the results of research in specific technology areas with global market potential.
The Technology Strategy Board is today publishing a prospectus that will fast track the creation of a centre focused on high value manufacturing, and outlines plans to establish a network of six to eight world-leading centres in total. It calls for business, academic and other interest groups to comment on the proposals and help shape how the centres will be developed. Sitting between the worlds of academia and of business, they will enable cutting-edge research to be pushed forward that can be swiftly turned into commercial opportunities.
In his foreword to the prospectus, Iain Gray (pictured), the Technology Strategy Board’s chief executive, says that the centres represent a significant long-term investment in the UK economy.
The prospectus outlines plans to establish a further six to eight world-leading centres in the initial candidate areas of Energy & Resource Efficiency, Transport Systems, Healthcare, ICT and Electronics, Photonics & Electrical Systems. It calls for the business, academic and other interest groups to comment on the proposals and help shape how the centres will be developed. The Technology Strategy Board received funding of £200m in the Comprehensive Spending Review for the Centres.
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