Business Secretary announces industrial strategy investment in science, research and innovation
Building on the launch of the Industrial Strategy green paper Business and Energy Secretary Greg Clark has announced the £15 million government backing for 125 cutting-edge research and development projects across the country.
Business and Energy Secretary Greg Clark said:
"Research and innovation has a proven track record of helping drive our economy, while preparing us for the future and creating new products, services and better ways of doing business. For these reasons, science, research and innovation are at the heart of our Industrial Strategy."
Science Minister Jo Johnson has also announced that Professor Sir Mark Walport will be appointed as Chief Executive Designate of UK Research and Innovation (UKRI), leading on the establishment of UKRI and ensuring it plays a central role at the heart of the Industrial Strategy.
Universities and Science Minister Jo Johnson said:
"I am delighted that Mark has agreed to take on this pivotal role. With his experience of running a large scale research organisation, collaboration with businesses in all sectors and his work at the heart of government, Mark is uniquely placed to lead the establishment of UKRI and ensure the organisation becomes a major voice for UK research and innovation."