Prime Minister Theresa May’s proposals for a modern Industrial Strategy looks to secure a future as a competitive, global nation. The proposals are wide-ranging, including the offer to businesses to strike new sector deals, driven by the interests of firms and the people they employ, to address sector-specific challenges and opportunities. There is also a clear commitment to drive growth right across the United Kingdom, using major new investments in infrastructure and research to drive prosperity – creating more high-skilled, high paid jobs and opportunities.
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Industrial Strategy and Enterprsie Europe Network
But the headline ambition - to ‘secure a future as a competitive, global nation’ – sits easily alongside Enterprise Europe Network’s own strategic focus, to ‘help ambitious businesses innovate and grow internationally’. Across the UK, EEN expert advisors are working closely every day with growth-ready businesses, helping them commercialise innovative ideas and seek an international dimension to their scale-up plans.
And, as an integral part of the Innovate UK family, EEN is ideally placed to connect businesses to the whole range of support available right across the innovation ecosystem – whether locally, nationally or internationally focused.
Ruth McKernan, Innovate UK’s chief executive, welcomed the Industrial Strategy proposals by saying:
“Every day we engage with businesses all over the country seeing the potential of innovation and enterprise. The new Industrial Strategy challenge fund is already creating excitement and should help transform great technologies into business growth right across the UK.
“We are already having excellent conversation with businesses and scientists through a series of regional workshops. We are listening carefully to their views on how the cross-disciplinary fund can support industry. Most reassuringly, we see unique strengths in different parts of the UK.
“As the business-facing part of UK Research and Innovation, we will work very closely with the research councils to make sure this fund unlocks the full economic potential of our world-leading science base. We want businesses to look up and out and to create more skilled jobs nationwide.”