New funding announced in the Autumn Statement will help businesses create the next generation of products in innovative areas from robotic tools and printable electronics to carbon fibre composites.
- £61 million will be invested across the High Value Manufacturing Catapult centres whose cutting-edge equipment and expertise is helping around 2,250 manufacturers create innovative technologies and products
- a £28 million investment will create a new world-class research and development centre – the National Formulation Centre – specialising in the development of formulated products such as medicines and chemicals