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life sciences - The government will partner with industry to increase growth and innovation. This is aimed at securing at least one major strategic partnership annually with leading life sciences companies. A dedicated support service will also be established to help 10-20 high-potential UK companies scale, attract investment and remain headquartered in the UK. - The Modern Industrial Strategy sets out support for manufacturing with up to £520m in investment via the Life Sciences Innovative Manufacturing Fund to attract global investment, strengthen the UK’s sovereign capabilities and create high-value jobs across the country. The government’s Modern Industrial Strategy supports the North East as a key Life Sciences cluster through targeted investment and reforms aimed at boosting innovation, manufacturing and global competitiveness. The region will benefit from high-value job creation and increased investment. Initiatives like the Life Sciences Large Investment Portfolio and support for scaling UK firms will support a stronger, fairer North East.
THE UK'S MODERN INDUSTRIAL STRATEGY
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