23 Feb Business Secretary Greg Clark announces £229m research investment for
Business and Energy Secretary Greg Clark has today announced £229 million worth of investment in the development of cutting-edge advanced materials and a new centre of excellence for the life and physical sciences as part of the governments modern Industrial Strategy.
Included in the investment is £126 million in grants for the Sir Henry Royce Institute for Advanced Materials, supporting the creation of a world-leading research centre at the University of Manchester, with satellite centres at the Universities of Sheffield, Leeds, Liverpool, Cambridge, Oxford and Imperial College.
Greg Clark has also announced £103 million Government investment in a new national centre of excellence for life and physical sciences, at the Rosalind Franklin Institute (RFI), located at Harwell Science and Innovation Campus, Cambridge. The centre will build on the UK’s world-leading reputation in these fields and effectively bring together academia and industry.
Business and Energy Secretary Greg Clark said:
“Research and development has a proven track record of making our economy more competitive and creating new products, services and better ways of doing business. For these reasons, we’ve placed the UK’s strengths in science, research and innovation at the core of our modern Industrial Strategy.
“Government investment in these two centres for advanced materials and life and physical sciences will support growth across a range of sectors, provide the skills and training to grow our expertise in these cutting-edge fields, and facilitate positive collaboration between industry, academia and Government.”