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REGIONAL INNOVATION HUBS GIVEN £75M TO GROW BUSINESSES AND BOOST LOCAL ECONOMIES

The UK Science Minister George Freeman has announced that regional clusters of world-class innovation across the UK are to be backed by a share of £75 million that will boost local economies and pioneer game-changing solutions. 

Following pilots in Liverpool and Teesside, launched earlier this year, a further 8 Launchpads, facilitated by Innovate UK, will be rolled out across every nation of the UK. These initiatives will build on existing clusters of high-tech innovation in each region, such as renewable energy in Southwest Wales, Agri-tech in East Anglia and digital health in Yorkshire.  

Launchpads is a programme that supports emerging clusters of small and medium-sized enterprises (SMEs) by providing each Launchpad up to £7.5 million from Innovate UK to fund innovation projects led by local businesses. 

The £7.5 million bespoke funding from each Launchpad will allowSMEsin each region to bid for support that is tailored to the unique needs of each business cluster, helping them drive innovation, expand operations, and boost their local economies. 

Launchpads concentrate their support in specific areas of the UK with strong innovation capabilities. This approach encourages close collaboration with local leaders and provides tailored support, including funding for research and development, access to specialised innovation resources, and opportunities forSMEsto connect, share ideas, and participate in joint ventures. 

Teesside University has so far taken the lead in net-zero research projects, investing in initiatives like waste diversion technologies to reduce landfill waste and protect the environment. Meanwhile, funding for Liverpool City Region is backing 23 green projects including an eco-friendly concrete block to help protect coastal communities against climate change-related flooding, which has supported dozens of jobs. 

The funding follows a competitive bidding process involving more than 40 proposals from across the UK put forward by local leaders and carefully evaluated by a panel of Innovate UK directors, sector experts and academics. 

The project aims to establish world-leading, globally interconnected innovation clusters, catalysing increased employment, economic growth, and productivity within these regions. 

The 8 clusters, following investment in Liverpool City Region and Teesside, to receive funding are: 

  • Net Zero Industry Launchpad – Located in South West Wales, this Launchpad is dedicated to the pursuit of sustainable solutions in net-zero industrial emissions 
  • Digital Technologies Launchpad – Positioned in North East England, this Launchpad will be at the forefront of digital technologies applied into fast growth and emerging markets 
  • Health Technologies Launchpad – Based in West Yorkshire, this Launchpad is dedicated to pioneering breakthroughs in technologies that will improve healthcare outcomes. 
  • Agri-tech and Food Tech Launchpad – Nestled in Eastern England, this Launchpad will revolutionise agri-tech and food technology, driving innovation in food production and sustainability. 
  • Marine and Maritime Launchpad – Located in the Great Southwest, this Launchpad will support initiatives in marine and maritime industries, fostering growth and sustainability in this sector 
  • Bio-based Manufacturing Launchpad – Positioned in Scotland, this Launchpad will drive innovations in bio-based manufacturing, promoting sustainable production methods. 
  • Immersive and Creative Industries Launchpad – Centred on Coventry and Warwickshire in the West Midlands, this Launchpad will champion technologies for the creative industries and immersive experiences, paving the way for groundbreaking innovations. Innovate UK will deliver this Launchpad in collaboration with the Arts and Humanities Research Council (AHRC) 
  • Life and Health Sciences Launchpad – Situated in Northern Ireland, this Launchpad is dedicated to the advancement of healthcare solutions and medical breakthroughs. 
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