On 19th May the House of Lords debated the report from their Science and Technology Committee: Catapults: bridging the gap between research and industry.
The debate highlighted the important role of the Catapult Network in powering innovation and driving benefits for the UK.
Matthew Durdy, Chair of the Catapult Network and CEO of Cell and Gene Therapy Catapult welcomed the debate, and the response from Lord Callanan, saying:
“From developing vaccines to spurring local regeneration, the Catapults – with the support of Innovate UK – are putting UK innovation in the global spotlight, bringing in investment, supporting growth and providing the vital link between industry and academia: taking ideas from concept to economic growth.
“But we were particularly pleased at the recognition of our potential to do even more.
“Now, with confirmed access to additional funding opportunities, ongoing government support and an acknowledgement of our potential to deliver huge impact in areas of real national interest, we will continue our work with Innovate UK to bring real change for the benefit of all.
“The Catapult Network is proud to play its part in delivering the innovation that supports communities, businesses and economies across the UK and we are looking forward to continuing our work and growing our contribution.”
About the Catapult Network
The Catapult Network supports businesses in transforming great ideas into valuable products and services. We are a Network of world-leading technology and innovation centres established by Innovate UK. We deliver impact across the UK economy, enabling businesses to thrive in global markets. Since inception, the Catapults have collectively played a lead role in delivering over 14,000 industry collaborations, over 5000 academic collaborations and supported over 8,000 innovative SMEs across a wide range of sectors and extended international partnership projects.
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