A chemistry sector research and development organisation working alongside CPI has revealed another successful period of exceeding its research income targets.
The Knowledge Centre for Materials Chemistry (KCMC), known for helping accelerate collaboration between business and academia in the chemistry using industries, has released its 2016-2018 financial report.
According to its figures, the organisation, which is hosted by CPI, has now surpassed a cumulative total research income of £33 million, including industry income of £9.9 million. Further highlights from the two-year period include supporting 407 industry engagements, with 86 per cent of new introductions being SMEs.
Working closely with partner universities and the Science and Technology Facilities Council, KCMC offers in-depth knowledge and experience of materials chemistry innovation that supports the UK materials supply chain and drives economic growth.
Its partnership with CPI, which is part of the UK Government’s High Value Manufacturing Catapult, allows KCMC to access world-leading innovation centres that benefits its research institution partners and other materials chemistry researchers and companies.
Nigel Perry, Chief Operating Officer at CPI, said: “I have every confidence that KCMC’s unique approach will continue to feed into and strengthen our abilities and ethos to support innovation in UK industry.”
John Conti-Ramsden, Director of KCMC, added: “KCMC’s role in accelerating research and development collaboration between business and academia has never been more important as we strive to build a more productive knowledge based economy with robust UK materials chemistry supply chains.”