A NEW £200m scheme to create a network of elite Technology and Innovation Centres was unveiled by the Government yesterday.
The centres, announced by Prime Minister David Cameron in a speech to the CBI, will bridge the gap between universities and businesses, helping to commercialise the outputs of Britain’s world-class research base.
No decision has yet been taken as to where the centres could be based but a spokesman for the Department for Business, Innovation and Skills confirmed that locations in Wales had not been ruled out.
Business Secretary Vince Cable, who also addressed the CBI conference yesterday, said the centres would allow companies to access cutting-edge economies that would otherwise be beyond their reach.
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Author: Rhodri Evans
