Innovate UK’s Low Impact Buildings Innovation Platform (LIBIP) is set to invest £60 million towards UK construction innovation over the next five years.
The funding, which is part of the UK’s aim to reduce greenhouse gas emissions by 80 per cent by 2050, will be looking at businesses which have high performance materials and building technologies.
Across the past five years, £79 million has been invested by Innovate UK into 20 major programmes, funding 800 UK organisations via 580 projects.
Low Impact Building Innovation Platform Leader at Innovate UK, Simon Hart, said they need to find resilient, sustainable and adaptable solutions that can be delivered on an industrial scale.
“Our funding will help transform the sector, integrate supply chains, capitalise on the UK’s current leadership position, mitigate import threats, develop growth sub-sectors and exploit export opportunities,” said Simon.
Last week DFT reported on ModCell, which is backed by Innovate UK, and its use of straw panels in constructing homes. Click here to read more.
Innovate UK’s Low Impact Buildings Innovation Platform (LIBIP) is set to invest £60 million towards UK construction innovation over the next five years .
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