Governmental press release: £186 million boost for technologies of the future

Science and Universities Minister David Willetts announced, a package of investment in the 8 great technologies of the future that will accelerate high-tech progress from the lab to the marketplace and help drive UK economic growth. The 8 great technologies are: big data, space and satellites, robotics and autonomous systems, synthetic biology, regenerative medicine, agri-science, advanced materials and energy storage.

Mr Willetts announced that a £70 million Agri-Tech Catalyst, which will help new agricultural technologies bridge the so-called ‘valley of death’ between the lab and the marketplace, is open for bids. This will support one of the UK’s largest manufacturing sectors, with the entire agri-food supply chain estimated to contribute £96 billion to the UK economy and support more than 450,000 jobs. The Agri-Tech Catalyst is being delivered by the Technology Strategy Board in partnership with BBSRC. Funding will be provided for SMEs and academics to develop solutions to agri-tech challenges, such as adapting agricultural practices to cope with climate change, world-wide. More details of the Agri-Tech Catalyst, including the application process for the various funding awards, can be found at the Technology Strategy Board.

 More information about this press release please can be found here.  

The paper entitled “Eight Great Technologies” by David Willetts can be found here.