Region gets £126m technology boost

Researchers and entrepreneurs in Yorkshire are to be given a £126m boost from the Government.

The funding will go to the Advanced Manufacturing Research Centre, in Rotherham and Sheffield (£82m), and the Nuclear Advanced Manufacturing Research Centre in Rotherham will recieve £45m.

It is part of Chancellor Philip Hammond drive to expand ‘catapult centres’ which are fuelling innovation across the country as part of the UK’s ambitious, modern Industrial Strategy.

The government said the new funding aims to support Britain’s brightest talent, supporting work in high-tech labs, cutting-edge factories and advanced training centres.

So far this has helped create hundreds of new products, services and inventions, including a portable pollution sensor that parents can attach to a child’s buggy, cellular therapies to fight cancer and improve recovery of stroke victims, LED treatment for blindness, and more-efficient wings for aeroplanes.

Hammond said:“We are backing innovative British companies to grow and create jobs, as we build an economy fit for the future.

“Today’s £126m investment for Yorkshire will support innovators across the region to create the technologies of the future and the better, highly-paid jobs we all want to see.”