Dr Mike Short CBE
The organisation which represents business, science and innovation businesses across the South of England has praised the strategy.
Innovation South has welcomed the Government’s announcement of a £115m “Strength in Place Fund” which will build on a region’s science and innovation strengths to drive growth and productivity.
The organisation sees the fund as an excellent opportunity to further enhance the region’s expertise and excellence in digital technologies and to increase its already significant contribution to the UK’s digital economy.
The competitive fund, announced in the Government’s industrial strategy white paper, will support collaborative programmes based on research and innovation excellence in places right across the UK which can demonstrate a strong impact on local productivity and enhance collaboration between universities, research organisations, businesses, local government and Local Enterprise Partnerships in England and relevant agencies in the devolved nations.
Dr Mike Short CBE, vice president of Telefonica, Europe and chairman of the Innovation South strategic steering group, said: “I am delighted the Government’s industrial strategy white paper presents some exciting opportunities for Innovation South.
“The single aim of Innovation South is to maximise the talent and resources of our region for the success, prosperity and well-being of businesses and residents across the region and the broader national economy.
“The Strength in Place Fund, the 4 Grand Challenges and upcoming Sector Deals represent an open invitation from Government to business, academia and civil society to work and engage with the government to innovate, develop new technologies and ensure the UK seizes global opportunities.
“It is an invitation Innovation South is pleased to accept.”