Supporting R&D Projects

This week the government announced the funding of vital new projects in the Research and Development sector, boosting economic growth and attracting high-skilled jobs. 
  • Innovation and technology can help to raise productivity and wages, transform healthcare, reduce energy prices and ultimately create jobs and economic growth in the UK.
  • We are investing in new science and technology projects across the whole country, including £40 million for research institutions to boost the impact of their social and economic research and £1.6 million to boost the UK’s space capabilities.
  • By putting the UK at the forefront of new research and technologies, we are harnessing the new jobs and economic growth that R&D brings in local areas. 

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