Future Emerging Technologies Gets a £780m Injection from Government

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British researchers and entrepreneurs will be getting £780 million in extra funding to develop emerging technologies.

The £780 million in funding is aimed at expanding ‘catapult centres’ as part of the UK’s Modern Industrial Strategy.

The news follows after the government provided £180 million additional funding for two Research and Development centres in North East England.

What Is a Catapult?

A catapult is an important part of Innovate UK’s “full range of innovation support for businesses”.

The catapult network was established by Innovate UKclaiming that it aims to “bridge the gap” between business and academia by turning their ideas into businesses

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