Government spends £138 million to strengthen research-business links
Two major investments aimed at strengthening the links between the UK’s research base and industry have been announced by Jo Johnson, Minister for Universities and Science.
The first of these will see a set of so-called Prosperity Partnerships, receive £31 million funding from the Engineering and Physical Sciences Research Council (EPSRC) and the Industrial Strategy Challenge Fund (ISCF).
This will be matched by a further £36 million from partner organisations in cash or in-kind contributions, and £11 million from universities’ funds, resulting in a £78 million investment.
As part of this, ten universities will lead on 11 projects that range from the future networks for digital infrastructure to offshore wind and they will partner with businesses operating in key areas of the innovation landscape.
Amongst these projects, the University of Exeter will work with Qinetiq on the development of new materials to control the propagation of electromagnetic and acoustic waves; the University of St Andrews and M Squared Laser will collaborate on the development of new microscope technology; and Sheffield University will be working with Siemens and Dong energy on future wind turbine technologies.
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Comment: The UK is closer to deindustrialisation than reindustrialisation
"..have been years in the making" and are embedded in the actors - thus making it difficult for UK industry to move on and develop and apply...