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Research Councils demonstrate the impact of their investments in latest impact reports

Copyright: BBSRC

The Research Councils have today published their impact reports for the 2014/2015 financial year, demonstrating the impact their investments have made on the economy, on policy and for society.

Each Research Council has produced its own report, showcasing specific examples of the impact of investment through their various awards, programmes and collaborations. The wide-ranging nature of the impact extends from furthering technological advances to combatting disease.

Collectively, the seven Research Councils invest £3Bn in research each year covering all disciplines and sectors, to meet tomorrow’s challenges today and provide the world-class research and skills that are the foundation of a strong and productive UK economy. This helps to achieve balanced growth as well as contributing to a healthy society and a sustainable world. It ensures the UK builds capacity, safeguards the long-term sustainability of research and remains a global leader in research and innovation. Additionally, by working in partnership, the Research Councils combine investments in a multitude of global societal and economic challenge areas to achieve even greater impact.

Highlights from BBSRC’s report include:

  • Spinout company Xelect Ltd is adding £600 per tonne to the value of farmed Atlantic salmon through genetic approaches to increase salmon fillet yield. The company, established in 2013 by Professor Ian Johnston and Dr Tom Ashton from the University of St Andrews and based on BBSRC-funded research, provides genetic services to major aquaculture companies and has been profitable since founding
  • Results from the Urban Pollinators Project informed Defra’s recommendations linked to the UK’s National Pollinator Strategy; a ten-year plan to tackle the decline in pollinator numbers. The city of Bristol is now developing a local Pollinator Strategy as an exemplar for UK and European cities. The project received £1.2M in investment from the Insect Pollinators Initiative (funded by BBSRC, NERC, Defra, the Wellcome Trust and the Scottish Government)
  • BBSRC funding enabled a researcher from the University of Exeter to spend a year working at Shell Biodomain in Chester. While there, the researcher developed a way of using bacteria to produce biofuels that can be used in unmodified conventional engines. Trials are now underway to increase yields of the biofuel and improve the energy and cost efficiency of the process

Read the full report: Impact Report 2015: Building the bioeconomy (PDF 2.74MB)



UK Research and Innovation Media Office

Tags: bioeconomy innovation policy news