Navigation path

eu calender
What's in it for me?
Europe in the UK
President José Manuel Barroso
Catherine Ashton
vice president reding
EP in the UK
Manchester to get £23 million of EU funding for research into new "wonder material"
E-mail this pageE-mail this pagePrintPrint

The EU is to invest £23 million to help establish the National Graphene Institute (NGI) at the University of Manchester.

Graphene is the world’s thinnest, strongest and most conductive material and could revolutionise computers, smart phones and other technologies. The NGI will attract top British and European researchers to the city.

The new centre will work closely with other research centres and companies. It will help keep European science and business at the cutting edge when it comes to turning graphene's potential into new products and new jobs.

The funding will come for the EUs European Regional Development Fund (ERDF).

    National Graphene Institute

    National Graphene Institute

    The European Commissioner for Regional Policy Johannes Hahn said: "I am very pleased that European investments will enable the establishment of the National Graphene Institute. As a former Science Minister I am well aware of the importance of supporting cutting edge research and providing the means for that to be commercialized. This is good news for the North West of England in terms of jobs but it also will ensure that Europe as a whole remains at the forefront of research into graphene: giving EU businesses a valuable opportunity to use the vast potential of this material. Supporting these kinds of initiatives is just what our modern European Regional Policy should and will be doing more of in the future."

    The project should create around 100 jobs initially, with many thousands more in the North West and elsewhere in the UK expected over the long-term.

    The EU will finance £23 million out of a total investment of £61 million, as part of the North West England Regional competitiveness and employment programme.

    Background:

    The facility will comprise 7,626m² across four floors. The NGI will accommodate a range of state of the art scientific equipment.

    This is a "major project", where the total investment (VAT included) is in excess of EUR 50 million. As such, it required final approval by the European Commission, granted today.  

    The UK has been allocated approximately EUR10.6 bn (£9.2 bn at current exchange rates) in total EU regional and social policy funding from 2007-2013.

     

    For more information, please contact the London press office on 020 7973 1971.
    Please note: all amounts expressed in sterling are for information purposes only.

    Related Links

    Last update: 12/03/2013  |Top