Government to invest £1 billion in science and research - PC Retail

Government to invest £1 billion in science and research

Move aims to ensure the UK is competitive in global tech race
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The Government has pledged over £1 billion of funding for the creation of seven new university and business research partnerships.

The Minister for Universities and Science, David Willetts announced that the has been awarded to 14 of the companies who had submitted bids with the UK Research Partnership Investment Fund.

The winners operate in sectors including life sciences, energy efficiency and advanced manufacturing.

“It is fantastic that our top businesses and top charities are queuing up to collaborate with our world-class universities. They want to work together to deliver innovation, commercialisation and growth, which will help make sure the UK competes and thrives in the global race,” said Willetts.

“The winning projects will tackle the key issues we face – like fighting disease, ensuring energy efficiency and improving infrastructure – for the benefit of all.”

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