UK regions given extra £20 million science and tech cash boost as new investment kicks off landmark growth summit
Greater Manchester, West Midlands and Glasgow City Region backed with £50 million each to support local innovation priorities, plus £30 million life sci investment unlocked.
New cash boosts of £20 million each for Greater Manchester, West Midlands and Glasgow City Region will help to deliver more of the regions’ game-changing local innovations like robotics to unlock new medicines or AI that can spot illnesses earlier, the Science and Technology Secretary has announced today (Sunday 19 October), ahead of this Tuesday’s landmark Regional Investment Summit in Birmingham.
The funding package will give local leaders in these 3 areas access to a total of £50 million each to fund innovations in science and technology in their local areas, like the next lifesaving medicine or cheaper fuels that can keep bills down.
The new funding for 3 regions is the latest commitment from the government’s £500 million Local Innovation Partnerships Fund (LIPF) and builds on the initial £30 million earmarked for each place in June’s Spending Review, along with 7 others across the UK, including Cardiff City Region, Belfast-Derry/Londonderry and West Yorkshire.
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