Multi-million pound booster to catalyse cutting-edge innovations in UK

Written by Kunal Sawhney, Kalkine Media

Modern mechanisms and the state-of-the-art technologies are materially spearheading the development across industry, productively supporting various functions by making them less error-free and more precise. The government of the United Kingdom has recently set out a multi-million pound funding to accelerate the breakthrough, research and development for over a dozen projects.

The Department for Business, Energy & Industrial Strategy has allocated a cumulative sum of £3.7 million to as many as 21 projects to catalyse cutting-edge innovation in various jurisdictions across the UK.

The UK government has been exemplary in supporting multiple tech initiatives, as well as small enterprises which are incorporated with a vision to contribute to the country’s growth story. The monetary allocation through the government will reinforce the regulators and local authorities that are directly helping the corporations to unleash innovation, effectively expediting the processes in order to achieve faster-than-expected breakthroughs.

In the latest round of funding, the Regulators’ Pioneer Fund has backed 21 innovative projects including the companies working on to introduce drones that can carry essential medical supplies, can perform vaccine transportations and other life-saving medicines.

The Civil Aviation Authority (CAA) will be co-managing the project of drone facilities through which the healthcare administration is looking forward to inch ahead in the area of transporting medical supplies. Furthermore, the aviation regulator will assist in creating a service for the public.

The money allocated through the fund will help the projects to support the regulatory environment of the country to upgrade themselves according to the ongoing, as well as futuristic technological advancements.

Following the monetary injection, the aviation regulator will be introducing standards for special containers in the UK that will pave the way for drones to carry medical supplies, sensitive goods and other scarcely-available products to remote communities of the country, making sure that everyone receives the essential aids on time.

Such technologies could be pivotal for the nation, as these will be the world-first standards that will allow drones to carry medical supplies. This becomes even more crucial during the crises situations, one like the Covid-19 pandemic.

The Oxfordshire County Council has received the funding through which it will be helping the innovators to under the legal requirements for setting up new trials in the drone industry. At the moment, no country has managed to introduce a regime for testing and approving the containers to ensure that they remain leak-proof in the event of a potential crash.

Following a £200,000 funding, the Cornwall Council will help improve the monitoring of harmful algal blooms, while the Scottish Environmental Protection Agency will be responsible for creating a hub which can bring together the businesses and regulators in the Grangemouth Industrial cluster through which they can collectively progress towards the broader objective of a net zero economy by 2050.

All the aforementioned projects will trigger the major operations that are already in place to improve the quality of life by empowering the authorities and regulators. A large section of small enterprises are rigorously working towards launching multiple technologies that will valuably help in simplifying the usage of advanced systems by making them more consumer-friendly.