CEA: UK Off Highway Sector to gain from new innovation programme

The Construction Equipment Association (CEA) believes an imminent Technology Strategy Board led programme to encourage innovation in the UK’s Off Highway sector is likely to lead to a multi-million euro investment in the future of the construction equipment supply chain. Speaking of the keenly-awaited programme CEA chief executive Rob Oliver said, “We have been working with the TSB for some time and are now confident that a funding competition will be confirmed very shortly. The TSB have a well-established
May 20, 2014 Read time: 2 mins
The 3418 Construction Equipment Association (CEA) believes an imminent Technology Strategy Board led programme to encourage innovation in the UK’s Off Highway sector is likely to lead to a multi-million euro investment in the future of the construction equipment supply chain.

Speaking of the keenly-awaited programme CEA chief executive Rob Oliver said, “We have been working with the TSB for some time and are now confident that a funding competition will be confirmed very shortly. The TSB have a well-established model that has been successfully employed in sectors such as motor vehicles and marine. The funding helps provide backing for co-operative innovation projects within the supply chain and often in partnership with academic institutions”.

The CEA has described TSB as the UK's “innovation agency”. It offers support and funding to help business develop new products and services - and bring them closer to market.

Details on how the funding programme will work are likely to be released at the CEA’s ‘Innovation & Technology’ conference held at the Henry Ford Centre, Loughborough on Tuesday 10 June from 10.00 – 13.00. To register visit %$Linker: 2 External <?xml version="1.0" encoding="utf-16"?><dictionary /> 0 0 0 oLinkExternal www.cea-conference.org.uk Website: www.cea-conference.org.uk false http://www.cea-conference.org.uk/ false false%>

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