Search for innovative technologies that may be the next new growth area for the UK economy

25 Aug 2010

Businesses across the UK are being invited to compete for support to develop innovative technologies that could create new growth areas for the UK economy.

The Government-backed Technology Strategy Board' competition will seek to identify and award up to £18m funding to the most innovative businesses, in order to keep the UK at the forefront of modern technology and enhance quality of life.

Collaborative applications are sought from organisations operating in a range of technology areas where the UK has considerable strengths; Advanced Materials, Biosciences, Electronics, Photonics and Electrical Systems, High Value Manufacturing, Information & Communications Technology and Nanotechnology.

"We are particularly keen to hear from organisations with ideas for 'enabling technologies'," says David Bott, the Technology Strategy Board's Director of Innovation Programmes.

"An 'Enabling Technology' is one that can lead to the creation of other products and processes that support future development.  In this way, it establishes long term opportunities for economic development."

The Technology Strategy Board will be opening the competition on October 12th 2010 and is hoping that this competition will attract innovations from a variety of businesses with novel ideas that have reached proof-of-concept stage. Ends

For full press release including notes to editors please follow this link

Technology Inspired Innovation flyer

Press enquiries should be directed to Emily Dent, Media Relations Executive, Technology Strategy Board. Mobile: 07824 599 710 Emily.Dent@tsb.gov.uk.

Additional Contact
Claire Cunningham, Media Relations Manager
Technology Strategy Board
Direct line: +44 1793 442901, Mobile: 0755 4115745 Claire.Cunningham@tsb.gov.uk.

Technology Strategy Board Switchboard: +44 1793 442700

 

 

Last updated on Monday 11 October 2010 at 16:27

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