• Become an SSTI Member

    As the most comprehensive resource available for those involved in technology-based economic development, SSTI offers the services that are needed to help build tech-based economies.  Learn more about membership...

  • Subscribe to the SSTI Weekly Digest

    Each week, the SSTI Weekly Digest delivers the latest breaking news and expert analysis of critical issues affecting the tech-based economic development community. Subscribe today!

UK spending big to attract top science talent

June 28, 2018

As part of the country’s single biggest investment in science in 40 years, the UK unveiled a new investment in UK talent and skills aimed at growing and attracting the best in science and innovation. Last week, UK business secretary Greg Clark outlined a £1.3 billion ($1.72 billion) investment for British universities and businesses to develop the next generation of entrepreneurs, innovators and scientific leaders. The money will help ensure the UK invests 2.4 percent of GDP in R&D by 2027 and “becomes the most innovative economy by 2030,” the government press release stated.

Clark also announced £900 million ($1.19 billion) to be disbursed over 11 years for the UK Research and Innovation Future Leaders Fellowship Scheme, with six funding competitions and at least 550 fellowships awarded over the next three years.

international R&D