The Technology Strategy Board was established as an executive Non-Departmental Public Body with effect from 1 July 2007.
The Technology Strategy Board’s vision is for the UK to be seen as a global leader in innovation and a magnet for technology-intensive companies, where new technology is applied rapidly and effectively to create wealth.
Collaborative R&D is a primary delivery mechanism of the Technology Strategy. It is designed to assist the industrial and research communities to work together on R&D projects in strategically important areas of science, engineering and technology - from which successful new products, processes and services can emerge. Regular competitions for funding of The Technology Strategy Board has identified six Key Technology Areas, priorities identified through consultation with business, which help set the priorities for Collaborative R&D and develop a longer lead-time for future competitions.
The Key Technology Areas are:
Advanced Manufacturing
Advanced Materials
Bioscience
Electronics, Photonics & Electrical Technologies
Information and Communication Technologies
Collaborative R&D is managed through a dedicated website, which includes a searchable database of current projects and guidance on the funding application process.
Knowledge Transfer Networks: Financial support is also being provided to organisations that have the capability to develop or enhance Networks. The wider business community will be able to access the knowledge, information and contacts the Networks gather, enabling a sharing of ideas and facilitating innovation.
Other TSB products relevant to innovation and technology development include:
· Knowledge Transfer Partnerships
· Innovation Platforms
· Emerging Technologies