Saturday, August 15, 2020

New ‘collaboration taskforce’ announced to aid economic recovery

The National Centre for Universities and Business (NCUB) has been asked to launch a new Taskforce to advise on the future of UK R&D.

The Taskforce, requested by UK Research and Innovation, will consider how partnerships between universities and businesses can be strengthened and maximised to drive growth and prosperity.

Collaboration between universities and business is at the centre of the UK’s research and innovation system and will play a fundamental part in driving economic recovery and rejuvenation. The Taskforce will provide recommendations to Government as it shapes its R&D Plan.

Sam Laidlaw, Chair of the National Centre for Universities & Business said: “The pandemic has shone a spotlight on the importance and value of collaborative working. Against an unprecedented threat no singular organisation or institution can operate in isolation. Building partnerships not only improves resilience but is a key enabler for new ideas and innovations to be developed.

“We welcome this exciting opportunity to provide advice and recommendations to UKRI as the country rebuilds post-COVID. The Government’s R&D roadmap published last week clearly expresses the vital role they expect research and innovation to play in driving economic growth and recovery and we welcome their invitation to learn from this important taskforce.

“The Government has acknowledged that university and business collaboration will play a crucial role in rebuilding an inclusive, dynamic and resilient economy. Together with the new R&D roadmap, this taskforce will help navigate the nation’s way to economic growth and prosperity.”

Laidlaw continued: “The members of this taskforce will be carefully chosen as experts and leaders from UK industry and academia and are passionate that collaboration is critical to driving recovery. Their strategic insight and commitment to UK PLC will be invaluable to UKRI and the Government.

“The NCUB is fully committed to working with UKRI, and we are thrilled to have this opportunity to advise and help inform the nation’s leading experts as we move through the phases of crisis and recovery.”

In the letter to NCUB, David Sweeney, Executive Chair of Research England, says: “I welcome and support NCUB’s recent campaign to strengthen ties between universities and businesses, building on long-standing partnerships and new links formed in heat of the COVID-19 crisis, to work together for the country’s economic recovery… I would particularly value NCUB bringing together the expert insights from the strategic network of NCUB members, together with appropriate other leading experts to form a taskforce.

“The taskforce could distil some of the evidence above and provide insights to calibrate key challenges, likely timelines and opportunities to do better working together. The advice of the taskforce would be most valuable set in the context of the UK Government’s R&D roadmap, which sets a long-term and important ambition that will have very significant implications for universities, businesses and the country as a whole.”

A message from the Editor:

Thank you for reading this story on our news site - please take a moment to read this important message:

As you know, our aim is to bring you, the reader, an editorially led news site and magazine but journalism costs money and we rely on advertising, print and digital revenues to help to support them.

With the Covid-19 lockdown having a major impact on our industry as a whole, the advertising revenues we normally receive, which helps us cover the cost of our journalists and this website, have been drastically affected.

As such we need your help. If you can support our news sites/magazines with either a small donation of even £1, or a subscription to our magazine, which costs just £33.60 per year, (inc p&P and mailed direct to your door) your generosity will help us weather the storm and continue in our quest to deliver quality journalism.

As a subscriber, you will have unlimited access to our web site and magazine. You'll also be offered VIP invitations to our events, preferential rates to all our awards and get access to exclusive newsletters and content.

Just click here to subscribe and in the meantime may I wish you the very best.






Latest news

£200k loan to see Corby care service open new facility helping disabled adults

A Corby care service for adults with learning disabilities has secured a £200k loan from the Midlands Engine Investment Fund (MEIF) Debt Finance, managed...

Amazon to create 1,000 jobs in East Midlands expansion

Amazon has announced plans to create 1,000 permanent jobs at a new fulfilment centre in Sutton-in-Ashfield as part of its expansion in the East...

Nottingham-headquartered financial adviser acquires counterpart

Palatine Private Equity-backed Wren Sterling has completed a deal with Corimar Holdings Ltd to purchase the assets of Frobisher Capital Ltd, an independent financial...

Plans approved for 400 new homes in Ripley

Construction work on new homes in the Derbyshire town of Ripley is set to begin after detailed plans for the scheme were approved by...

Time Out: Elliot Cook, Simple Marketing Consultancy

This week Simple Marketing Consultancy celebrated its 10th anniversary, so we caught up with Account Director, Elliot Cook, who joined the company four years...

Related news

Chance for Leicester businesses to get share of £2.6m in extended lockdown business grants scheme

Small and micro-businesses across Leicester which were forced to close during the city’s extended lockdown can apply for financial help under a new grant...

£200k loan to see Corby care service open new facility helping disabled adults

A Corby care service for adults with learning disabilities has secured a £200k loan from the Midlands Engine Investment Fund (MEIF) Debt Finance, managed...

Amazon to create 1,000 jobs in East Midlands expansion

Amazon has announced plans to create 1,000 permanent jobs at a new fulfilment centre in Sutton-in-Ashfield as part of its expansion in the East...

Nottingham-headquartered financial adviser acquires counterpart

Palatine Private Equity-backed Wren Sterling has completed a deal with Corimar Holdings Ltd to purchase the assets of Frobisher Capital Ltd, an independent financial...

By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close