Dr Kath Mackay is Chief Scientific Officer for Bruntwood SciTech and Managing Director of its Alderley Park campus, the UK’s largest single site life science innovation campus. Her responsibilities include stimulating new business ventures and managing further development of the campus.
reach a record £20.4 billion, including targeted funds such as the £70 million Life Science s Innovative Manufacturing Fund, set to grow to £520 million over five years. The closing of the UK government's recent consultation on its new Industrial Strategy , titled" Invest 2035 ", marked a pivotal moment for the country’s economic planning.
There’s no doubt that the eight growth-driving sectors identified - manufacturing, construction, technology, life sciences, green energy, creative industries, transport, and advanced services - are pivotal for the UK’s economic trajectory. However, where the green paper left more to be desired was in its articulation of the emerging technologies that will provide bridges between each of these sectors.
Funding must be a central theme of this new industrial strategy, and the government’s ability to allocate strategically will be a defining factor in the success of Invest 2035. In the Chancellor’s recent Autumn Budget statement, it was announced Public R&D investment will reach a record £20.4 billion, including targeted funds such as the £70 million Life Sciences Innovative Manufacturing Fund, set to grow to £520 million over five years.
Invest 2035 Life Science Place-Based Regional UK Government Consultation Technologies Chancellor
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