Funding for UK emerging technologies announced

Seven developing technology sectors are to benefit from £50 million of support pledged by Innovate UK as part of its ‘Emerging Technologies Strategy’. The funding was announced by Business Secretary Vince Cable at the  Innovate UK 2014 conference in London recently. Also, £17 million will  be allocated to fund approximately 210 industrial PhD placements. The  technologies supported will include the development of improved medicines to meet global needs, ‘free power’ for electronic devices, and 3D printing of human organs. A national Digital Catapult Centre will also be established, which will support up to 10,000 small UK technology companies with innovative digital ideas by 2018. Three local Digital Catapult Centres will be introduced in March 2015, in Sunderland, Brighton and Bradford.
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