Science schools and R&D spending at the forefront of UK innovation plans

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The UK minister said as part of an innovation strategy starting next month, better for new science-focused schools, billions of pounds in R&D spending and private funding for tech-driven companies . I have an access plan.

As the UK aims to develop the world’s leading technology and life sciences sector, Business Secretary Kwasikwaten wants innovation to be one of the central pillars of the government’s industrial strategy.

Officials from the Department of Business, Energy and Industrial Strategy (BEIS) have said 10 points for making Britain a “world leader in innovation,” according to people familiar with the document, which will be published with “Science”. I made a plan for. A speech of “superpower” planned by the Prime Minister before the summer holidays.

According to people familiar with the matter, the previous proposal to establish “residential innovator” (a guru who might confuse Whitehall thinking and advise authorities) status within BEIS is the latest version. It was deleted from the document.

Instead, outline the government’s plans to build schools focused on science, technology, engineering, and math, allowing departments to create competitive competition for innovative companies to raise funds. Define the schema.

Many of the new strategies focus on improving regulatory and financial support from the private sector to enable UK-based companies to develop and expand technology in various fields. This is in line with a recent report from the Deregulation Task Force, led by former Trees Chief Ian. Duncan Smith.

This paper identifies seven priority innovation “families” in the UK, including quantum, advanced materials, life sciences, genomics, robotics and artificial intelligence.

The plan includes supporting business investment and improving access to finance, including taking into account rules that prevent large institutions from investing in fast-growing but high-risk businesses. ..

The newspaper also says the UK needs to develop policies to promote innovation to reduce the bureaucratic formalism that hinders development in some sectors. The strategy confirms plans to increase the state’s annual investment in research and development to £ 22 billion.

The government has already indicated its intention to invest in high-risk, high-paying science projects through the new Advanced Research and Invention Agency.

Aria was originally a project of Dominic Cummings Former Prime Minister’s Advisor to the Prime Minister.

The authorities also want the UK to attract talented foreign workers with new “innovation” visas and help companies form partnerships abroad. The plan includes the creation of a chapter on innovation in future trade deals and the ‘renewal’ of the UK’s export strategy.

The plan includes a high level of aspiration for the development of world-class universities and research institutes.

Someone familiar with the document said that it would set targets that would lead to policy development in a particular area.

He added that the plan is still in the form of a draft and could change before the announcement next month. The innovation paper will be placed alongside other Quarten plans, including future net zero emission strategies.

A government spokesperson said: ‘We do not comment on the individual leaks, but we do intend the UK to be a leading global center for the development of big ideas, industrial innovation and construction. future. It’s not a secret. “

Science schools and R&D spending at the forefront of UK innovation plans Source link Science schools and R&D spending at the forefront of UK innovation plans


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