The Government today (Nov 4) has announced that it will be investing £134m into sustainable technology businesses.
Businesses across the country will benefit from the funding, that will see them receive a maximum of £174,000 each.
The investment, which forms part of the Innovate UK’s Sustainable Innovation Fund, will see a variety of technologies developed, primarily with the aim of reducing emissions, waste or improving how sustainable technologies are maintained.
Road users will be delighted to hear that a Manchester-based robot company will be using the funds to invest in technology that allows their robots to be deployed to patrol UK roads to detect and repair cracks and potholes as soon as they appear.
The money will also be used to invest in technologies that are aiming to make servicing offshore windfarms completely autonomous, meaning these tasks can be done quicker, safer and more efficiently.
Business Secretary Alok Sharma said:
“The UK’s response to coronavirus has demonstrated the very best of British ingenuity, and it is this resourcefulness that will help us navigate our way through this pandemic.
“Today’s investment will ensure that our innovators and risk-takers can continue to scale up their ideas, helping the UK to build back better and ensure we meet our clear commitments on tackling climate change.”
Another way in which this is going to be done is through the use of AI to reduce waste when brewing beer by accurately monitoring the condition and contents of kegs as they make their way from the brewery, to pubs and then back again using the kegs as “smart containers”.
