Autumn Statement: funding announced to help businesses create the next generation of products

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

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