Market Leads & Opportunities

World-leading UK aerospace designs: get funding for projects

Source: http://www.govopps.co.uk/world-leading-uk-aerospace-designs-get-funding-for-projects/

The UK’s aerospace sector is among the best in the world, with a turnover of £35 billion and hosting 123,000 direct employees in 2017. To remain at its peak, the UK needs to explore emerging opportunities and markets.Organisations are invited to express an interest in a competition worth £150 million a year with their innovative ideas for future aerospace design and manufacture. The best projects will then be invited to apply for grant funding.The investment is part of the £3.9 billion UK Aerospace Research and Technology (UKART) programme, a partnership between government and industry, managed by Innovate UK, the Aerospace Technology Institute (ATI) and the Department for Business, Energy and Industrial Strategy.