Funds freed up for UK innovation

[gkd_uk]

UK pioneers of research into new materials, green energy and future communications will share a £100m government fund to back innovation.
More than 76 research and development projects covering eight technology priority areas will share the money.

The money has been made available through the Technology Strategy Board which promotes innovation in business.

The board has funded more than 700 projects with a total of £1bn since it was formed in 2004.

The new money for projects starting this year was announced by Innovation, Universities and Skills Secretary John Denham.

Pioneers in healthcare, green energy and business competitiveness will benefit, along with work on advanced cell therapies to treat wounds and eventually organs, and ways to allow patients with chronic conditions to be monitored from home.

Environmental priorities include better materials for use in wind and wave farms, efficient lighting for shop fronts and systems to better exploit small-scale local energy production.

Mr Denham said: "New research in these important eight key technology areas will make a real difference to the economy and to our lives.

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[vicdigi]

A share of this in our direction would be most welcomed :-)