Coleshill said: “Today’s announcement of a £15m investment by the Government into research and development could be of particular help to SME food and drink businesses to help them innovate and continue to invest in new research and development facilities.
“Last December, we laid out our ambitious 20/20 Vision to grow our sector by 20% by 2020. Although challenging, we know that our sector not only has the appetite, but the ability to grow, particularly in a supportive business environment. Amongst other things, this funding could help businesses invest in the new infrastructure needed to meet overseas demand for great British-made brands, which in turn not only creates new jobs here in the UK, but also helps to safeguard existing ones.”
Source: FDF
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