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United Kingdom : Au50 million to support world-changing technologies.

UK business and academia to benefit from Innovate UK's four-year investment plan in emerging technologies and industries. The Business Secretary, the Rt Hon Dr Vince Cable MP, has launched Innovate UK s Au50 million investment in nurturing the very latest, potentially game-changing technologies.

The 4-year Emerging technologies and industries strategy will help UK business and academia to transform ideas into reality in seven areas:

synthetic biology,

energy-efficient computing,

energy harvesting,

non-animal technologies,

emerging imaging technologies,

graphene,

quantum technologies.

They could all offer world-changing solutions to major global challenges. These might be new drugs, autonomous sensors and hyper-spectral cameras for advanced detection systems.

The strategy also highlights how Innovate UK will be identifying and supporting as-yet unknown technologies as they emerge from UK universities.

This plan represents a doubling of Innovate UK investment in emerging technologies over the next four years. All these areas can already boast a world-class research base and/or world class industrial potential within the UK.

Innovate UK s ambition is to see the UK lead the world in one or more new growth sectors from an emerging technology area. That would mean a sector generating Au1 billion in turnover a year.

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Publication:Mena Report
Geographic Code:4EUUK
Date:Nov 6, 2014
Words:207
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