The Government Green Paper – “Building our Industrial Strategy” sets out the Government’s approach to developing a modern industrial strategy to improve living standards and economic growth by increasing productivity and driving growth across the whole country. The aim is to establish an industrial policy for the long-term – to provide a policy framework against which major public and private sector investment decisions can be made with confidence.
Science minister Jo Johnson has announced that Prof Sir Mark Walport will be Chief Executive Designate of UK Research and Innovation (UKRI).
In this role Sir Mark will lead the establishment of UKRI and ensure it plays a central role at the heart of the Industrial Strategy.
Business and Energy Secretary Greg Clark has announced that government is backing 125 cutting-edge research and development projects across the country.
Prof Sir Mark Walport has been appointed to head Britain's newly created science funding organisation.
Prof Sir Mark will be the first chief executive of UK Research and Innovation (UKRI) - an umbrella body that will oversee the distribution of £6bn of research funding annually.
Sir Mark is currently the government's chief scientific adviser.
At the moment, UK research is funded by nine separate organisations. Each body specialises in specific fields.
Liverpool City Region businesses could benefit from a £3.5milion project aimed at helping small and medium sized businesses develop innovative products and services for the health and care sector.
The Government has published it's Green Paper on Industrial Strategy saying:
" We want to build an industrial strategy that addresses long-term challenges to the UK economy. Our aim is to improve living standards and economic growth by increasing productivity and driving growth across the whole country."
The Goldman Sachs 10,000 Small Businesses Programme is an investment to help entrepreneurs create jobs and economic opportunity by providing greater access to education and business support services. 10,000 Small Businesses is funded by Goldman Sachs and the Goldman Sachs Foundation
The Department for Business, Energy and Industrial Strategy is seeking views on the bioeconomy to help shape a UK strategy.
The UK’s premier engineering award launches its quest for the best of British innovation for 2017
Cutting-edge technologies with the potential to change the world are just as likely to stem from UK-based SMEs as from the engineering giants, according to leading technology innovators.
The comments were made last night by the Royal Academy of Engineering MacRobert Award judging panel, which includes some of the UK’s most experienced engineers, at an event to open entries for the 2017 award.