Britain’s innovators receive £15 million

Sixteen bidders have been awarded £15 million from the UK Government’s Public Sector Research Exploitation initiative to help them turn their research into commercial reality.

New medical equipment and software, 3D laser conservation of historical artefacts and faster forensic DNA profiling are amongst the scientific breakthroughs benefiting from £15 million new funding announced today by Science and Innovation Minister, Lord Sainsbury.

Sixteen bidders have been awarded cash from the Government’s Public Sector Research Exploitation (PSRE) initiative to help them turn their research into commercial reality.

‘This funding is intended to capitalise on the cutting-edge research taking place in the public sector,’ said Lord Sainsbury. ‘It is vital for UK business and our quality of life that innovative ideas make it beyond the drawing-board and become successful products and services.’

The PSRE initiative was set up to help public sector organisations other than universities make the most of their research. The first round of funding was allocated in October 2001. Bids for the second round were invited from July to October 2003.

Of the 16 successful bidders, the Forensic Science Service (FSS), Birmingham and Wetherby received £500,000. The FSS will set up a development unit to commercialise its knowledge in forensic software applications. Their expertise is said to speed up the processing and analysis of DNA profiles.