Businesses across the UK are set to benefit from a £134 million investment which will enable ground-breaking clean growth projects develop new technologies and secure new jobs.
This Government investment will keep UK’s greenest and most innovative businesses continuing during coronavirus pandemic. It could help to secure and create new jobs across the country.
Examples of businesses set to benefit include projects to service offshore wind turbines autonomously, using AI to reduce beer waste in the brewing process and converting seaweed into compostable packaging to tackle plastic waste.
Businesses right across the UK will benefit from this investment, and it will enable ground-breaking clean growth projects develop new technologies, secure and create new jobs, drive productivity and tackle climate change.
Craig Whittaker, Member of Parliament for the Calder Valley, said:
“Here in the Calder Valley, we have some industry-leading businesses that operate in the green sector. They are all playing a key role in securing sustainable economic development.
This investment will allow our entrepreneurs and innovators to explore new ideas that will create a new generation of green technologies. This is important because in difficult economic times, sometimes research and development can be the first business divisions to suffer budget cuts. This Government investment will provide a form of protection.”