The UK Government has announced a £50m ($76m) investment to boost research and innovation in British institutions.
Sixteen schemes will take a slice of the investment, which the UK Government expects to lead to the creation of more than 500 companies, 1,200 products, 3,000 jobs, and contribute more than £3bn to the UK economy.
Key areas of support for the fund will include advanced manufacturing, clean tech, big data, agri-tech and life sciences.
Announcing the move, David…

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