British science set for large fund increase
RESEARCH in the fields of big data, graphene and cell therapy will get a £222m boost from new funding announced yesterday.
Chancellor George Osborne said the funding would help Britain: “out-compete, out-smart and out-do the rest of the world.”
Part of the spending will go to a new big data research facility called the Alan Turing Institute – in honour of the computer pioneer – which will get £42m over five years.
A £74m spend will be made in the UK’s catapult network – designed to help scientific research become commercially relevant – split between a cell therapy manufacturing centre and a graphene innovation lab.
Osborne also announced £106m will be spent over the next five years in 20 additional doctoral training centres.