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.

 

In 2008 they published their first strategy, under the title Connect and Catalyse, explaining promoting and investing in innovation for the benefit of business and the UK between 2008 and 2011. To read Connect and Catalyse, visit the website.

 

Now, as TSB start a new funding period, they have carried out a review of their strategic direction and plans, building on the experience of those first few years, and taking into account the circumstances and the challenges and exciting opportunities that lie ahead.

 

The need for innovation has not reduced – in fact, given the economic situation it is greater than ever. Innovation is a key enabler of growth, and growth is a central government priority.