Changes to create a 'relentlessly business focussed' independent organisation supporting technology and innovation were announced by Trade Secretary,
Alistair Darling today.
The Technology Strategy Board, which will now be independent, will take over the funding of the £178m Technology Programme next year. The new board will fund
industry R&D projects, advise Government and help UK businesses to take up new innovative technologies.
At the same time the Government announced a further £50 million funding from the Technology Programme to support technology and innovation under a new competition
for Collaborative Research & Development projects.
News link: http://www.gnn.gov.uk/environment/detail ...