First published in Cleantech Infocus: UK Innovation in Fuel Cells and Hydrogen, in partnership with the Technology Strategy Board, October 2012
The Technology Strategy Board – www.innovateuk.org – is the UK’s innovation agency. Its goal is to accelerate economic growth by stimulating and supporting business-led innovation. Sponsored by the Department for Business, Innovation and Skills (BIS), it brings together business, research and the public sector, supporting and accelerating the development of innovative products and services to meet market needs, tackle major societal challenges and help build the future economy.
The organisation has a thematic programme of work that focuses on areas of global challenge (such as emissions from transport, or ageing populations) and helps business to take advantage of the market opportunities that these create. It has identified five specific focus areas where innovation is led by societal challenge: energy, healthcare, built environment, food and transport.
To complement these the Technology Strategy Board supports innovation in competences such as high-value manufacturing that enable the translation of technologies into new products, processes and services; and innovation in the enabling technologies themselves such as advanced materials or ICT.
Many Technology Strategy Board programmes have a clear theme of environmental or resource sustainability as a driver of innovation, and about two-thirds of its projects have a sustainability objective.
More than simply a funding body, the Technology Strategy Board promotes innovation by encouraging collaboration and knowledge exchange, influencing policy and acting as a catalyst, bringing people together to drive innovative ideas forward towards commercialisation.
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