Government invests £200m in technology centre

In a speech to the CBI, PM David Cameron has announced that more than £200m will be invested by the government in a network of elite Technology and Innovation Centres to drive growth in the UK’s most high-tech industries.

The centres will bridge the gap between universities and businesses, helping to commercialise the outputs of Britain’s world-class research base.

“We need to do more to ensure the UK benefits from its world-class research,” comments Business secretary Vince Cable. “These centres will help take ideas from the drawing board to the market place. They will play a key role in helping firms develop new products and processes so they can grow and prosper”.

Read full article: http://realbusiness.co.uk/business_technology/government_invests_200m_in_technology_centres

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