Industry News

Package of immediate investment for the UK’s R&D sector

By November 22, 2022 No Comments

The Minister for Science, Research and Innovation, George Freeman, has written an open letter on targeted investment to support UK research while the UK awaits association with EU programmes.

Find it here.

The Government will provide a package of up to £484 million in targeted investment to provide immediate funding to the UK R&D sector to:

  • shore up talent
  • invest in R&D infrastructure
  • secure the UK fusion sector’s commercial leadership and capabilities

The funding will:

  • support staff retention and local talent strategies at eligible universities and research organisations
  • ensure the UK’s labs remain world class and at the cutting edge of R&D
  • offer universities and research organisations the discretion to apply the funding in ways that best suit their local needs

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