Technology Strategy Board
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Iain Gray
Chief Executive
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“The Technology Strategy Board promotes innovation through technology in a wide range of fields from transport to healthcare, from aerospace to electronics. We see the challenges of the future as opportunities for new solutions that can enhance the quality of life and increase prosperity.
Energy is one of our priority areas. The challenge of clean, secure and affordable energy generation and use is critical for economic and environmental reasons, but also offers big opportunities for innovative UK companies.
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To help business to take up these opportunities we enable knowledge exchange, we invest with business and partners in innovative technologies, and we help make them a reality. Working with business, government, research and the public sector, we join resources to help make thing happen.
Our partnership with the Carbon Trust and the Energy Technologies Institute in this Low Carbon Innovation Group is a great example, combining efforts and strengths as we work to deliver innovation and change in the energy sector.”
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Overview
The Technology Strategy Board was established in 2004 as an advisory board within DTI and in 2007 it was expanded with a wider independent role as a non-departmental public body (NDPB). Its aim is to promote and invest in innovation enabled by technology for the benefit of business, to increase sustainable economic growth and to improve quality of life. It has a budget of around £250m a year and aligns funding with the RDAs at around £60m a year and the Research Councils of £40m a year.
The Technology Strategy Board provides leadership to invest in new ideas, build networks, and promote knowledge exchange. It acts as a catalyst to stimulate new areas of activity for business and provides a longer-term view of future technology and innovation needs across the UK and globally.
For more information…
Technology Strategy Board (opens in a new window)