The University of Surrey’s commitment to the future of mobile communications has been recognised with a share of £50 million in government funding to stimulate the UK economy.
The funding will forge links between the University and two centres of excellence – the Connected Digital Economy Catapult and the Satellite Applications Catapult – via an ‘Innovation Gateway’. The Gateway will foster knowledge-sharing and collaboration, and will aid the development of commercial and entrepreneurial opportunities in the region. Using the University’s 5G Innovation Centre, it will also cultivate joint academic-industry programmes to train a new generation of researchers in the field.
The Catalyst Fund is designed to encourage enterprise through the development of ground-breaking research and innovation projects. Mobile communications traffic is doubling worldwide each year and represents a key area of potential economic growth in the UK.
A total of 16 schemes have been chosen to share the £50 million investment. Between them, the projects are expected to contribute to the creation of more than 500 new companies, 1,200 products and 3,000 jobs, adding more than £3 billion to the UK economy.