Innovate UK paves the way for transformative business-led innovation through new commitments made during the Autumn Statement

Following the Chancellor’s speech on 22 November, Innovate UK, working with the Engineering and Physical Sciences Research Council, is investing an additional £145 million into the UK’s innovation ecosystem via the following investments.

The increased commitment to fostering a culture of innovation is enabling Innovate UK to harness and deliver these cutting-edge projects, key collaborations, and boost economic growth.

For instance, £5 million for Cell and Gene Therapy Catapult to develop next generation, digitised and automated Advanced Therapy Manufacturing.

Published on the 27th of november 2023. Read the entire news report here.