10 August 2018

  |  CBI Press Team

News

Catapult centres receive £1 billion boost

The Chancellor has announced that the UK Government will provide funding to Catapult centres of nearly £1 billion.

Catapult centres receive £1 billion boost

Felicity Burch, CBI Innovation Director, said:

“The Government’s ambition to make the UK a platform for innovation has received a booster shot, with news that the next five years of funding for Catapult centres is guaranteed.

“Catapult centres bring together the best ideas from the UK’s research base and the market know-how of business.

“Supporting their long-term growth will help more businesses to innovate successfully, delivering cutting-edge products and services to customers.”