BIS commissions expert to discover how to fully exploit Catapult centres
Business secretary Vince Cable has called on technology entrepreneur Hermann Hauser to examine ways to make government Catapult technology and innovation centres more effective.
Cable said: "Britain has an enviable track record in innovation, but, in the past, we have sometimes failed to commercialise new technology.
"That is why the Catapult centres are so important for securing future economic growth, and ensuring that not only can we seize new global opportunities, but more importantly that we can leave the competition trailing in our wake."
Hauser will deliver his recommendations to ministers this summer.
There are seven Catapults covering a range of sectors with public and private sector investment of over £1.4 billion over their first five years of operation.
Two more Catapults – Energy Systems and Precision Medicine – are scheduled to open next year (2015).
