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Innovate UK to Invest in North Wales R&D Projects

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Innovate UK is to invest up to £500,000 in innovative research and development projects centred on the emerging cluster of photonics, electro-optics, and opto-electronics businesses in North Wales.

The competition aims to stimulate this hotspot of photonics, electro-optics and opto-electronics businesses in North Wales by enabling companies to go further and/or faster towards commercial success. In collaboration with the Welsh Government and the Welsh Opto-Electronics Forum, Innovate UK want to draw investment and people into the area, and to encourage networking and collaboration to strengthen the cluster.

They are therefore looking for projects that may be too risky for companies to take forward without any support, or that may take them into new innovative areas, and where the majority of the project activities are carried out in North Wales.

SOURCE: estnet.uk.net