The government has announced that it is setting aside around £150m to help boost what it calls “advanced manufacturing” including a printable electronics centre, and a centre of excellence for silicon design.
In a statement released this week, the department for business, innovation and skills, said it is planning to invest in new technologies and improve access to information particularly in the aerospace sector.
“At the heart of Britain’s knowledge economy is our manufacturing base. High-value, highly skilled and internationally successful businesses that have worked hard to secure a lead in hi-tech global supply chains,” said business secretary Peter Mandelson. “This practical package of measures will help equip British manufacturers, of all sizes and sectors, to take advantage of the advanced technologies and new market opportunities now shaping our low carbon industrial future.”
According to the BSI, investments will include:
Earlier this month, the EC announced that it has opened the first round of calls for funding of public-private partnerships to back new technologies in areas such as manufacturing, construction and the automotive industry. The EC is backing green investment as part of 2009, which it has labelled the Year of Creativity and Innovation.
“It is now recognised that investing in R&D is not a luxury when times are easy, but a necessity when times are hard. If Europe makes “smart” investments in strategic sectors today, this will create jobs and sustainable growth tomorrow,” said EU Commissioner for Science and Research Janez Potocnik.
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