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Innovation defined? Outcomes and connections ….

EU, Funding opportunities, innovation, international, Knowledge Exchange and Impact Team

Innovate 2011v4

Following on from the blog posts (Blog post 1/ Blog post 2  / Blog post 3  last week  on  Innovation the next set of outcomes and connections introduces the concept:

Game changer 4 = UK innovators + Europe and the World

There is of course one set of relationships that will now be redefined, following the referendum decision to leave the European Union.

As reported to the House of Commons inquiry, the current EU programmes, are incredibly important to the UK, providing us with connections to both European collaborators and supply chains.

UK industry, RTOs and Catapult Centres currently win approximately 340 million euros a year of funding from Horizon 2020. It is about one third (31%) of the total funding for the UK and our SMEs win more funding than any other country.

Industry, like science, is a global endeavour and whilst it is critical that we successfully manage the transition of our relationship with the EU, we must also seize the opportunity to build new global connections and to redefine our collaborations and partnerships around the world.

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