Partnership secures €635,000 EU funding
15 November 2018
Finance Secretary Mark Drakeford has announced that Wales has secured more than €100m to support major research and development projects from a flagship EU fund.
Amongst the projects to benefit from the new funding is a collaboration between Denbighshire-based anchor company Qioptiq Ltd and Cardiff University, which has secured €635,000 of Horizon 2020 funding to work alongside a consortium of 20 international partners on the MANUELA project.
The project will develop additive manufacturing production processes in a wide range of areas, including automotive, aerospace, energy and medical.
Lee Eccles, principal engineer from Qioptiq Ltd, said:
“Qioptiq is excited to be a part of the Horizon 2020-funded MANUELA project. Our active involvement in the development of such leading-edge technology will help to ensure that Qioptiq maintains its position as a market-leading innovator, generating growth for the company, the local economy and Wales.”
Horizon 2020 is the EU’s largest ever research and innovation programme, supporting cutting-edge science and technology and international collaboration to deliver solutions to key challenges facing society.
Since the launch of the highly-competitive programme, Welsh businesses and universities have been involved in more than 2,800 international collaborations. These have delivered significant economic benefits for Wales and have helped to put Welsh universities at the forefront of research.
Finance Secretary Mark Drakeford said:
“Today we are celebrating Welsh success in Horizon 2020. The programme provides a real opportunity for Welsh businesses and universities to be at the forefront of world-class research and innovation while also helping to grow our economy.
“This success highlights just how important it is that we continue to have full access to Horizon 2020 and its successor programme in the future after the UK leaves the EU.
“We will continue to press the UK Government to ensure this is part of any new relationship between UK and the EU after Brexit.”
This is the second collaboration between Qioptic and Cardiff University, following the success of a Knowledge Transfer Partnership with Cardiff Business School that helped QioptiQ win an £82m defence contract, creating and safeguarding jobs.