Technology Strategy Board Chief Executive Iain Gray said: "There is a breadth of expertise in the UK's marine industry and it is important to build on this strong position and fully embrace opportunities worldwide in this sector. The funding from Dstl will provide additional support for UK businesses to work together on innovative ideas and rise to the challenge of improving vessel efficiency."
For more information on the competition and how to apply visit: www.innovateuk.org
For more information contact the Dstl press office on 01980 658088, 07796 705463, press@dstl.gov.uk.
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Notes to editors:
Dstl
The Defence Science and Technology Laboratory (Dstl) maximises the impact of science and technology (S&T) for the defence and security of the UK, supplying sensitive and specialist S&T services for the Ministry of Defence (MOD) and wider government.
Dstl is a trading fund of the MOD, run along commercial lines. It is one of the principal government organisations dedicated to S&T in the defence and security field, with three main sites at Porton Down, near Salisbury, Portsdown West, near Portsmouth, and Fort Halstead, near Sevenoaks.
Dstl works with a wide range of partners and suppliers in industry, in academia and overseas. Around 60% of the Defence Science and Technology Programme is delivered by these external partners and suppliers.
The Technology Strategy Board
The Technology Strategy Board is the UK‟s innovation agency. Its goal is to accelerate economic growth by stimulating and supporting business-led 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 www.innovateuk.org.