Scottish universities share in £57m innovation investment
23 May 2023
Three projects from Scottish universities are amongst those selected to receive money in the latest round of Prosperity Partnership funding.
Prosperity Partnership funding supports business-led research that arises from real-life needs. Universities collaborate closely with industrial partners to achieve the required research outcomes, resulting in accelerated impact from new knowledge, innovations and technologies.
The University of Strathclyde will receive funding for its work with Scottishpower Energy Networks to develop new reliable, low-carbon energy systems for the future.
At Heriot-Watt University, the Smart Products Made Smarter project is a partnership with Leonardo UK Ltd. The project aims to change the way high-value, low-volume remote sensing systems are developed by using computational imaging, artificial intelligence and robotics. Heriot-Watt University is also working with Fugro GB Marine Ltd on research that will improve the way that offshore wind farms are maintained and repaired.
The projects announced today across the UK are worth a total of £149 million and are funded jointly by the Engineering and Physical Sciences Research Council (EPSRC), which is part of UK Research and Innovation (UKRI). This public funding is being matched by a further £88 million from academia and business.
Dr Andrew Bourne, Director of Partnerships at EPSRC said: “Prosperity Partnerships demonstrate how business and academia can come together to co-create and co-deliver research and innovation that address industry-driven challenges and deliver economic and societal impact.”
More information is available from the UKRI website.