View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. Technology
  2. Data
November 6, 2014

Innovate UK initiative to support game changing technologies

UK Government to invest £50m as part of 'Emerging Technologies Strategy 2014 to 2018'

By CBR Staff Writer

The UK Government has announced plans to invest £50m in innovative industries and technologies. UK Secretary of State for Business, Dr Vince Cable MP, has unveiled the Innovate UK initiatives to support game changing technologies.

The investment is a part of the Emerging Technologies Strategy 2014 to 2018, which will help UK business and academia in seven areas of technologies including synthetic biology, energy-efficient computing, energy harvesting, quantum technologies, and emerging imaging technologies.

Businesses and academia are expected to discover and create new solutions in every sector which could include a new drug, autonomous sensors or ‘hyper-spectral’ cameras.

The aim is to help universities and organisations financially, by doubling Innovate UK investment in the next four years.

Innovate UK chief executive Iain Graysaid: "Much of Innovate UK’s funding and expertise goes to support business innovation where the commercial opportunities are well understood and the technological challenges known."

"But it is vital that we also look further ahead, scanning the horizon for the breakthroughs of tomorrow."

Content from our partners
DTX Manchester welcomes leading tech talent from across the region and beyond
The hidden complexities of deploying AI in your business
When it comes to AI, remember not every problem is a nail

Websites in our network
Select and enter your corporate email address Tech Monitor's research, insight and analysis examines the frontiers of digital transformation to help tech leaders navigate the future. Our Changelog newsletter delivers our best work to your inbox every week.
  • CIO
  • CTO
  • CISO
  • CSO
  • CFO
  • CDO
  • CEO
  • Architect Founder
  • MD
  • Director
  • Manager
  • Other
Visit our privacy policy for more information about our services, how Progressive Media Investments may use, process and share your personal data, including information on your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.