Funding boost for UK cities innovation sector
Investment aims to support innovation in games and virtual reality.
The UK government has pledged up to £20 million to boost the creative technology sector in the Tay Cities Region. The investment aims to support innovation in areas such as video games and virtual reality while driving economic growth.
Funding will help develop local talent and accelerate projects from early research to commercial products. The initiative focuses on strengthening collaboration between businesses, researchers and public bodies to expand opportunities across the region.
Centred around Dundee and the surrounding areas, the programme will build on an established reputation in digital industries. Universities and industry partners are expected to play a key role in delivering research, training and access to investment networks.
UK officials say the move will create jobs and open new markets, while supporting emerging applications in sectors including healthcare and education. The funding forms part of a wider national strategy to strengthen innovation and regional economies.
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