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Thursday, 11 September 2014 10:14

UK Govt announces plans for second £60m Graphene Innovation Centre

Chancellor of the Exchequer George Osborne has announced that the University of Manchester is to build a £60 million Graphene Engineering Innovation Centre (GEIC).

The Centre will provide facilities so that graphene based products can be fast tracked from the drawing board to the market.

The GEIC will be partially funded by £15 million from the UK Research Partnership Investment Fund (UKRPIF), £5 million from Innovate UK (formally the Technology Strategy Board) and £30 million from Masdar, the Abu Dhabi-based clean technology and renewable energy company. The remainder will be sourced by The University of Manchester from available funding schemes including European Regional Development Fund (ERDF).

The new centre will complement and build on the UK National Graphene Institute, also located at The University of Manchester and which is nearing completion following nearly £40 million of funding at Budget 2012. Taken together both projects represent a significant investment in graphene technology.

Commenting on the plan, Chancellor George Osborne said:

“Graphene is potentially a game-changer – its properties make it one of the most important commercial scientific breakthroughs in recent memory. It presents tremendous opportunities with the potential to provide thousands of jobs and billions of pounds of further investment.”

Graphene is of key interest to the water sector – one of its many potential applications is its use in the desalination of sea water to meet growing global demand for potable water and water for use in agriculture.

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