UK regions receive additional £20 million to support science and technology growth

Three UK regions will receive an additional £20 million each to support science and technology development as part of a government initiative to drive innovation outside London and the South EastThree UK regions will receive an additional £20 million each to support science and technology development as part of a government initiative to drive innovation outside London and the South East. The Greater Manchester, West Midlands and Glasgow City regions will see their total funding rise to £50 million each through the Local Innovation Partnerships Fund. The announcement coincides with the first Regional Investment Summit in Birmingham, where government ministers, local leaders and business representatives are discussing ways to strengthen regional economies through research, innovation and private investment. The funding is intended to help local partnerships expand projects in areas such as advanced manufacturing, clean energy and life sciences, translating research activity into commercial growth.

The government said the previous round of the innovation accelerators programme had already helped to secure more than £140 million in private investment and created hundreds of jobs. Officials hope the new phase will build on that progress and support what they describe as a more balanced national economy.

Science and Technology Secretary Liz Kendall said the UK’s regional strengths in science and technology should play a central role in future economic growth. Chancellor Rachel Reeves added that innovation “can be found in every corner of the UK” and that the new investment is intended to ensure that local talent and ideas are not held back by a lack of resources.

Alongside the funding announcement, two manufacturing projects were confirmed: a 60,000 square foot research and production facility for Sterling Pharmaceuticals in Birmingham and a new Biocomposites manufacturing site at Keele University (pictured). Both are expected to create skilled jobs and strengthen domestic supply chains in the life sciences sector.

The government also plans to make up to £20 million available for other regional innovation partnerships across the UK. Ministers say these initiatives will be designed to align local research and industrial capacity with national growth priorities, though the scale and timing of further investment remain unclear.

Source link

Visited 3 times, 3 visit(s) today

Related Article

Mobile Commerce Statistics 2025 (Market Size & Key Trends)

In 2025, over 1.65 billion people are expected to shop through their phones, accounting for nearly one-third of the global digital population. The global mobile commerce market itself is already worth trillions and is projected to grow at double-digit rates over the next decade. Over the past few years, mobile commerce or m-commerce has become

Word and Excel apps for iPhone and iPad not working for many

It seems something has gone terribly wrong with Microsoft’s Word and Excel apps for iOS and iPadOS. Complaints started pouring in yesterday, with users reporting everything from complete freezes to apps that crash within seconds of opening a document. One user on Reddit’s Excel community mentioned they had to screenshot their grocery list because the

Nvidia unveils first Blackwell chip wafer made with TSMC in US

(Reuters) – Nvidia (NVDA.O) uveiled on Friday the first U.S.-made Blackwell wafer, produced at TSMC’s (2330.TW) semiconductor manufacturing facility in Phoenix, as demand for AI chips accelerates. Companies have been racing to meet the broader AI industry’s voracious appetite for computing power as they develop AI technology that meets or exceeds human intelligence. The move

Google Play Teases Android XR Apps And Games

Google has stealthily rolled out a curated collection of apps and games in the Play Store, previously referenced as being built for Android VR or simply Daydream. The page gives us our best browsing experience so far of what you’ll be able to play when compatible headsets come. The initial lineup includes games, live content

20 Minutes Till Dawn, Afterplace, Sword of Elpisia, more

Reg. $1+/FREE+ Your Friday afternoon edition of the best Android game and app deals are now ready to roll down below. Some highlights include 20 Minutes Till Dawn, Afterplace, Sword of Elpisia, Liege Dragon, and more, just be sure to also scope out the big-time $400 price drop we are tracking on the most affordable

Think About Buying a Burner Phone When You Get Your Holiday Tickets This Year

Border agents in the US are dramatically stepping up searches of people coming into the country, even US citizens returning from trips. And they have the authority to search your personal devices. With your phone adding another layer to concerns about crossing the border, you have more to consider when traveling than ever. This isn’t just hyperbole.