A new report published today shows that businesses across England are benefitting from greater co-operation between the Technology Strategy Board and the Regional Development Agencies, with planned support for regional technology innovation exceeding £400 million.
Accelerating Business Innovation across the UK, published today by the Technology Strategy Board, sets out how the Board is working in partnership with the English Regional Development Agencies (RDAs) and the Devolved Administrations to align and co-ordinate their activities and funding for the benefit of businesses across the UK.
To date, the RDAs have plans to align well over £400m of their funding with Technology Strategy Board priority areas over the three-year period 2008-11 - greatly exceeding the target for the period of £180m, set in October 2007. While not formally part of these plans, the Devolved Administrations (of Scotland, Wales and Northern Ireland) have similarly worked with the Technology Strategy Board to align with and support agreed innovation and technology priorities in areas such as energy, health and life sciences, digital and creative industries, low carbon technologies and advanced manufacturing
Accelerating business innovation across the UK