In 2023 Royce is seeking to promote and support the development of a National Materials Innovation Strategy. To achieve this, we will need to draw on the UK’s research community (and international connections).
A national strategy for materials innovation is needed to deliver a coherent approach across Government, industry and the wider materials technology community.
Materials underpins manufacturing, and the UK is one of the largest global manufacturing nations, contributing £203 billion every year to GVA and supporting 5 million jobs. 84% of this manufacturing takes place outside of London and the South East. The importance of materials to the UK economy is clear.
Stage one of this Strategy Process sees the launch of a Materials Innovation Strategy Framework which is aimed at ensuring the UK has a world-leading position in rapidly expanding materials markets, substantially enhancing the value of some of the largest UK- based industries and ensuring materials science researchers and innovators are supported in commercialising translating their ground-breaking discoveries into game-changing products and services. Read more