Seven UK research and innovation projects have received over £400m in government and industry funding.
The government said the funding is hoped to result in thousands of jobs, new skills, and more competitive industries post COVID-19.
The projects will receive a share of £186m of government investment, backed by a further £230 million from private firms and research institutions.
The largest investment of £114m will be invested in a group led by the?Liverpool School of Tropical Medicine,?in an effort to ensure faster and cheaper healthcare products and solutions to combat human infections are available in the North West.
£44m will be invested in a consortium led by?Cardiff University, to group capabilities in South Wales developing technologies in areas such as communications, 5G, innovative vehicles and medical devices.
£55m is to be invested in a consortium led by the?University of Edinburgh?to fund research to understand financial behaviours and address financial challenges such as fair access to credit, property ownership and saving.
A consortium led by the?University of Bristol?to support new digital formats in film making -such as documentaries and games– in the South West will receive £46m
A group led by the?National Institute of Agriculture Botany EMR?at East Malling will receive £33m to increase investment in emerging technologies such as AI, automation and smart-packaging for food production to help improve efficiencies and reduce waste.
£63m will be invested in a consortium led by?Artemis Technologies Ltd?to develop zero-emissions technologies in Northern Ireland for the introduction of wind-electric hybrids for maritime vessels, including a new zero emissions water taxi scheme
A final £91m is to be invested in a group led by the?University of Glasgow?to translate new approaches in precision medicine into real-world settings, which will allow doctors to select treatments for patients based on a disease’s genetics.
Business Secretary Alok Sharma said: “Today’s announcement will ensure some of our country’s most promising?R&D?projects get the investment they need to take off and thrive.
“Working with the private sector our world-class universities, we’re backing new and innovative ideas that will create jobs and boost skills in every part of the UK for years to come.”