UK - Lord Mandelson has called on businesses to continue to innovate even during the recession as the government announces an £80 million funding injection to support the cause.

The government this week announced plans to invest more than £80 million to encourage greater development of innovative technology in the UK.

In addition to a £82.5 million funding injection into the cause by the Technology Strategy Board, Secretary of State for Business, Innovation & Skills, Lord Mandelson used yesterday’s Innovate09 conference to call on businesses to continue to be innovative even during the downturn.

Lord Mandelson has called on businesses to continue to innovate even during the recession as the government announces an £80 million funding injection to support the cause.