A new funding boost of £57.5 million has been announced for the UK’s energy and infrastructure, biomedical and quantum technology sectors.

The best ideas will compete for funding to develop new sustainable energy and transport solutions, bring new healthcare advancements to market and drive forward commercial advances in quantum technology (used in electronic devices such as clocks and computers).

The series of competitions will open over the next 2 weeks and be run by Innovate UK and its partner organisations. The competitions will include:

2 competitions totalling £28 million to develop new solutions to provide affordable, sustainable and secure energy delivery, integration of different modes of transport or tackle the challenges of modern urban living that will help businesses secure future investment for ideas.

£10 million to develop innovative healthcare technologies that will help offer potential cures, prevent disease, manage chronic conditions or lead to earlier detection and diagnosis

£19.5 million competition to support companies developing devices such as clocks, sensors, imaging, communications or computing.

View here for more details.

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