Technology Strategy Board reveals name for technology and innovation centres £200 million Catapult centres stimulate innovation and accelerate UK growth

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The Technology Strategy Board has announced the name for the elite network of technology and innovation centres which it is establishing. Catapult centres will help to drive economic growth by closing the gap between concept and commercialisation and enhance innovation in specific technology areas for years to come.

The Technology Strategy Board has announced the name for the elite network of technology and innovation centres which it is establishing. Catapult centres will help to drive economic growth by closing the gap between concept and commercialisation and enhance innovation in specific technology areas for years to come.

The origins and meaning of the name Catapult [verb] - to thrust forward or move quickly - is synonymous with the objectives of the centres and the impact they will have on businesses and the economy as a whole. Catapult centres will build on the UK’s world-class research expertise. They will be business-focussed centres, supporting SMEs and large enterprises as part of a coordinated investment in innovation.

David Bott, Director of Innovation Programmes at the Technology Strategy Board said:
“We are excited to reveal the Catapult name to UK business. The Catapult centre in High-Value Manufacturing is already open for business and Catapult centres in Cell Therapy and Offshore Renewable Energy are on track to open in 2012.”

Bott continued:
“The powerful and unusual new identity for the technology and innovation programme is another step towards creating an elite network of integrated centres of excellence with shared values, objectives and successful working practices.”

Innovation, which lies at the heart of the each Catapult centre, is paramount to improving the UK’s competitive advantage and is also vital for growth, as a springboard to the high value global markets of tomorrow.

1.    The Technology Strategy Board is a business-led government body that works to create economic growth by ensuring that the UK is a global leader in innovation. Sponsored by the Department for Business, Innovation and Skills (BIS), the Technology Strategy Board brings together business, research and the public sector, supporting and accelerating the development of innovative products and services to meet market needs, tackle major societal challenges and help build the future economy. For more information please visit: http://www.innovate.org

2.    The Technology Strategy Board’s plan to establish a minimum of six Technology and Innovation Centres by summer 2013 is provided in its strategy document, Technology and Innovation Centres Strategy & Implementation plan, published in May 2011. This builds on previous reports created by Herman Hauser (The Current and Future Role of Technology & Innovation Centres in the UK) and James Dyson (Ingenious Britain). To see these new reports please visit:
Strategy & Implementation planThe Current and Future roles of technology and innovation centres in the UK
Ingenious Britain

3.    For more details please visit: http://www.catapult.org.uk or http://www.innovateuk.org/deliveringinnovation/technology-and-innovation-centres.ashx

4.    The Catapult in High-Value Manufacturing was opened for business in October 2011. Catapults in Cell Therapy and Offshore Renewable Energy are on track to open in 2012. The bid for the Offshore Renewable Energy Catapult is currently being reviewed. The outcome will be subject to an announcement in early 2012.

5.    To download the new Catapult logo, please use the links below.
PNG: http://www.innovateuk.org/_assets/0511/Catapult%20logo%20Lge.png
Tiff: http://www.innovateuk.org/_assets/0511/Catapult%20logo%20Lge.tif

6.    The vision of the Technology Strategy Board is for the UK to be a global leader in innovation and a magnet for innovative businesses, where technology is applied rapidly, effectively and sustainably to create wealth and enhance quality of life. Our approach to accelerating the pace of innovation in the UK is captured in our strategy document, Concept to Commercialisation, published in May 2011. This builds on our first strategy, developed in 2008, and sets out new directions, taking into account the challenges and exciting opportunities that lie ahead. To see the new strategy please visit: Concept to Commercialisation.

7.    The Technology Strategy Board’s _connect platform provides an effective and powerful way to collaborate online, network and share knowledge with other innovators. It provides a place to work together securely and share information & knowledge. Users can utilise the online tools to work collaboratively, discuss ideas and find events. The networks offer up-to-the minute news on funding, events, articles and publications, plus information about all 15 Knowledge Transfer Networks. Through the networks, users can find potential business partners, entrepreneurs, collaborators, other innovators, researchers and academics.

8.    Media enquiries only should be addressed to the Technology Strategy Board’s media relations consultant or manager: David Hulmes, Media Relations Consultant - Mobile: 07799 777921 Email: david.hulmes@tsb.gov.uk or Claire Cunningham, Media Relations Manager - Tel: 01793 442901, Mobile: 07554 115745 Email: claire(dot)cunningham(at)tsb(dot)gov(dot)uk.

9.    Companies and other organisations seeking information about Technology Strategy Board funding competitions should visit the Competitions page of the Technology Strategy Board website – Competitions page, email competitions(at)innovateuk(dot)org or phone the Competitions Helpline at 0300 321 4357.

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David Hulmes
Technology Strategy Board
07799 777921
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