UK commits to £82m to spur innovation in energy

UK commits to £82m to spur innovation in energy

Copyright: Thinkstock

The UK Government has pledged to provide £82 million to spur innovation in the energy industry. It is part of the Technology Strategy Board’s (TSB) 2014-15 Delivery Plan, which outlines investments worth more than £400 million across different sectors. It aims to introduce a business growth programme for small and medium sized businesses to provide a package of skills, mentoring and coaching support.

An online platform will also be developed to help match innovators with possible investors. Universities and Science Minister David Willetts said: “Innovation is booming in this country and it is part of our long term economic plan to invest in ambitious entrepreneurs and businesses to help them grow and succeed in the global race.”

Read more here http://www.energylivenews.com/2014/07/01/uk-commits-82m-to-spur-innovation-in-energy/

Source: Energy Live News

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s