FAQs

What is the Technology Strategy Board for, and what is it trying to achieve?

The Technology Strategy Board is a business-focused organisation dedicated to promoting technology-enabled innovation across the UK.

The vision of the Technology Strategy Board is for the UK to be seen as a global leader in innovation and a magnet for technology-intensive companies, where new technology is applied rapidly and effectively to create wealth.

Its mission is to promote and support research into and development and exploitation of science, technology and new ideas for the benefit of business, in order to increase sustainable economic growth and improve the quality of life.

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What is the organisation's relationship with Government?

The Technology Strategy Board has been established by the Government and operates at arm's length as a business-led executive non-departmental public body. It is sponsored and funded by the Department for Business, Innovation and Skills (BIS).

The Technology Strategy Board is required to act in accordance with a framework; the relationship is set out in a management statement and financial memorandum, which specifies the controls of the Department over the Board.

Day to day decisions are taken independently by the Technology Strategy Board in pursuit of its objectives.

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What is the history of the Technology Strategy Board?

The Technology Strategy Board was originally established in 2004 as an advisory board to guide the Government's Technology Strategy, following recommendations in the 2003 Innovation Report. Its purpose was to advise the Secretary of State for Trade and Industry on business research, technology and innovation priorities for the UK, the allocation of funding across priorities and the most appropriate ways to support them.

In 2006, plans were announced for the Technology Strategy Board to be given a wider role and to operate as an NDPB. A wide range of key stakeholders were consulted and there was a very broad welcome for a change to Executive status.

As part of the June 2007 change in Government organisation, the former DTI's Innovation policy area, including the Technology Strategy Board, was transferred to the Department for Innovation, Universities and Skills (DIUS).

The new Technology Strategy Board was established on 1 July 2007.

In June 2009 a further change in Government was announced, merging DIUS with the Department for Business, Enterprise and Regulatory Reform. The resulting department is BIS, the Department for Business Innovation and Skills. BIS is now the Technology strategy Board's sponsor department.

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Which Government investment and support programmes for business innovation are managed by the Technology Strategy Board?

The Technology Strategy Board is responsible for a range of innovation programmes including Knowledge Transfer Partnerships, Knowledge Transfer Networks, Collaborative Research and Development, Smart (formerly Grant for Research and Development) and the new network of Catapult centres. It also champions SBRI, the Small Business Research Initiative.

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How is the Technology Strategy Board run?

The term Technology Strategy Board refers to the entire body including its executive team and staff.

However the organisation also has its own Governing Board, made up of leading figures in business, research and innovation, who are responsible for guiding and governing the overall direction.

The Chief Executive and his management team plan strategy and tactics and runs the organisation's activities. A total staff of around 120 includes technologists who act as focal points for their technology area; relationship managers who work to build strategic relationships with business, government and other external stakeholders; and teams looking after programme delivery, corporate services and communications.

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How is the work of the Technology Strategy Board funded?

The primary funding of the Technology Strategy Board is from Government through the Department for Business, Innovation and Skills. The budget available for the organisation's work in the year 2011-12 is £317m. It operates very closely with other organisations involved in innovation and research, combining and focusing resources, so activities are often jointly funded by research councils (RCs), other government departments, regional development agencies (RDAs) and the devolved administrations of Scotland, Wales and Northern Ireland.

 

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Last updated on Tuesday 17 April 2012 at 16:57

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