EUREKA’s Global Innovation Summit
EUREKA’s Global Innovation Summit sets the stage for our modern Industrial Strategy which is supporting researchers and academics in world-leading research and making the most of opportunities around the world.
UK and the NorthernPowerhouse commits to international partnership to meet shared challenges and drive growth
UK and the NorthernPowerhouse commits to international partnership to meet shared challenges and drive growth
Addressing the Global Innovation Summit in Manchester on 14 May, Science Minister Chris Skidmore announced the publication of the UK’s new International Research and Innovation Strategy, as part of the modern Industrial Strategy ambition to make sure the UK, and the north, remains a world leader in emerging technologies.
The strategy reflects the governments aspiration to see the UK draw systematically on research and innovation collaboration to build its economic growth while tackling global challenges. This has already been backed by a commitment of £7 billion over 5 years by 2022.
The Minister also announced a £4 million funding competition for UK participation in EUREKA projects that aim to get innovations to market quicker and other projects designed to boost networking among innovators and businesses. At the heart of these projects is building business relationships whilst developing new technologies such as AI, quantum technologies and using technology. In healthcare to improve life chances.
The EUREKA Global Innovation Summit is the flagship event of the UK Chairmanship of EUREKA. Held in Manchester this year, and attended by over 1,700 businesses from 65 countries, it was an opportunity to highlight how a thriving north is vital to our modern Industrial Strategy and shine a light on the work organisations in the north are doing. For example, QIAGEN who are working with the University of Manchester were able to showcase their to create a world-leading precision medicine campus, creating and supporting up to 1,500 jobs and adding £150 million to Manchester’s economy over a decade.