CPI Receives £107m Government Funding Boost
23 Jul 2018
The Centre for Process Innovation (CPI) has today welcomed confirmation of a £107m Government funding package to help develop technologies for next generation manufacturing.
The commitment, announced during today’s Cabinet visit to the North-East, covers a five-year period and will allow CPI to continue its extensive track-record of helping industry bridge the gap between innovation and commercialisation to bring new products and processes to market.
The funding will be delivered as part of the High Value Manufacturing Catapult (HVM Catapult) programme, which supports UK manufacturing in the commercialisation of cutting-edge technologies.
The move will boost local growth and is expected to create highly-skilled jobs, with CPI playing a crucial role in delivering the Government’s modern Industrial Strategy.
CPI is the process manufacturing partner of the HVM Catapult network, which comprises seven centres across the UK, and works from sites across the North-East.
Supporting partners in markets such as healthcare, electronics, energy, aerospace, chemical processing, food and agriculture, transport and construction, CPI’s innovation processes and scientific expertise helps get products to market faster at lower cost.
![CPI supports partners across a range of market sectors CPI supports partners across a range of market sectors](https://optimise2.assets-servd.host/smart-hoopoe/production/content/images/cpi-2.jpg?w=1920&h=1080&q=60&fm=jpg&fit=crop&dm=1559218619&s=610747c6b47dcfd32417ed1e1446cb91 1920w, https://optimise2.assets-servd.host/smart-hoopoe/production/content/images/cpi-2.jpg?w=1120&h=630&q=60&fm=jpg&fit=crop&dm=1559218619&s=35b9588474320a15a4df8b5ead0e8993 1120w, https://optimise2.assets-servd.host/smart-hoopoe/production/content/images/cpi-2.jpg?w=2240&h=1260&q=45&fm=jpg&fit=crop&dm=1559218619&s=4042c5f6e829f76cc5cf44a3e32f1802 2240w, https://optimise2.assets-servd.host/smart-hoopoe/production/content/images/cpi-2.jpg?w=800&h=450&q=60&fm=jpg&fit=crop&dm=1559218619&s=4d95485cc9c858707a6b40eb86fafd35 800w, https://optimise2.assets-servd.host/smart-hoopoe/production/content/images/cpi-2.jpg?w=1600&h=900&q=45&fm=jpg&fit=crop&dm=1559218619&s=8d59f8285b03d2d983be51f1a003760e 1600w, https://optimise2.assets-servd.host/smart-hoopoe/production/content/images/cpi-2.jpg?w=480&h=270&q=60&fm=jpg&fit=crop&dm=1559218619&s=67dbc5a03475856538a1997f623d52a4 480w, https://optimise2.assets-servd.host/smart-hoopoe/production/content/images/cpi-2.jpg?w=960&h=540&q=45&fm=jpg&fit=crop&dm=1559218619&s=7c2e0bd5c2693e51749d5d64ec9e0fb1 960w)
Nigel Perry MBE FREng, CPI Chief Executive, said: “We are delighted to receive confirmation of this funding.
“Our deep understanding of innovation processes, combined with our outstanding technical expertise and state-of-the-art facilities help companies develop, prove and prototype next generation products and processes that deliver highly-skilled jobs and sustained economic growth for the UK.
“This support will allow us to continue providing that vital support and position CPI as an increasingly important player in the Government’s modern Industrial Strategy and Northern Powerhouse.”
Business Secretary Greg Clark said: “The UK has a world-beating reputation for innovation and we are building on this strength as part of our Industrial Strategy with the largest investment in research and development in 40 years.
“This investment will drive local growth and innovation across the country, creating more opportunities for high-skilled, well-paid jobs across the country.
“The Catapult network plays a key role in building on UK strengths in sectors and technologies that are going to be in high demand in the years ahead, bringing ideas to products and services on the market.”
Mr Clark added the funding builds on the success of the Catapult centres and represents a huge vote of confidence in the scheme.
The Catapults have seen £7.5bn invested in their first seven years and will play a crucial role in the Government meeting its commitment to spend 2.4 per cent of GDP on research and development.
![CPI is the process manufacturing partner of the HVM Catapult network, which comprises seven centres across the UK, and works from sites across the North-East CPI is the process manufacturing partner of the HVM Catapult network, which comprises seven centres across the UK, and works from sites across the North-East](https://optimise2.assets-servd.host/smart-hoopoe/production/content/images/inks-scientist.jpg?w=1920&h=1080&q=60&fm=jpg&fit=crop&dm=1559212842&s=f790328ddbaf670e02098c325b219223 1920w, https://optimise2.assets-servd.host/smart-hoopoe/production/content/images/inks-scientist.jpg?w=1120&h=630&q=60&fm=jpg&fit=crop&dm=1559212842&s=683e04e1a9b1116e32324c1c31232189 1120w, https://optimise2.assets-servd.host/smart-hoopoe/production/content/images/inks-scientist.jpg?w=800&h=450&q=60&fm=jpg&fit=crop&dm=1559212842&s=7e3bd5b52e2b1b3d3813eb06a2b96628 800w, https://optimise2.assets-servd.host/smart-hoopoe/production/content/images/inks-scientist.jpg?w=1600&h=900&q=45&fm=jpg&fit=crop&dm=1559212842&s=501e001bac63ef6f7b1f01546d7ceff2 1600w, https://optimise2.assets-servd.host/smart-hoopoe/production/content/images/inks-scientist.jpg?w=480&h=270&q=60&fm=jpg&fit=crop&dm=1559212842&s=9c51e982c1f87385df0d96a85641c814 480w, https://optimise2.assets-servd.host/smart-hoopoe/production/content/images/inks-scientist.jpg?w=960&h=540&q=45&fm=jpg&fit=crop&dm=1559212842&s=9c04d63ce0e269faebe1ebcc37612552 960w)
Dick Elsy, CEO at the HVM Catapult, added: “The Catapult is perfectly placed to make a full contribution to a successful UK Industrial Strategy.
“In our first six years of operation, we have established a proven track record, generating investment in research and development and driving improvements in manufacturing productivity and competitiveness.
“The five-year funding package allows us to build on our early successes, broadening our productivity impacts while equipping British firms with the manufacturing innovation they need to compete in uncertain and challenging international markets.”
The Offshore Renewable Energy Catapult, based at Blyth, Northumberland, will also benefit from Government funding support.
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