£100m boost for research projects across the UK
Steve Connor is the Science Editor of The Independent. He has won many awards for his journalism, including five-times winner of the prestigious British science writers’ award; the David Perlman Award of the American Geophysical Union; twice commended as specialist journalist of the year in the UK Press Awards; UK health journalist of the year and a special merit award of the European School of Oncology for his investigative journalism. He has a degree in zoology from the University of Oxford and has a special interest in genetics and medical science, human evolution and origins, climate change and the environment.
Thursday 22 March 2012
University research facilities will receive an extra £100m of public funding which the Government hopes will bring in a further £200m from the private sector and charities.
Research projects that could boost the economy are being targeted in the scheme to foster co-funding between the Government, private companies and research charities, said the Department for Business, Innovation and Skills.
The cash injection of "new" money was described as "extremely good news for students, universities and business" by professor Eric Thomas, president of Universities UK and vice-chancellor of the University of Bristol.
But Sir Paul Nurse, president of the Royal Society, said the measure is merely the first step in a series of necessary initiatives.
He said: "These things are very welcome but on their own they are only green shoots. The Government and industry still invest a smaller percentage of our GDP in research and development than our competitor economies; and while that remains the case we will not fulfil the Chancellor's goal of making the UK into Europe's technology centre."
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