Final of EPSRC's 2007 Knowledge Transfer Challenge Awards

November 08, 2007

The five finalists in EPSRC's Knowledge Transfer Challenge Awards all have a strong track record in turning their research into benefits for UK society.

This competition is also about coming up with new ideas for promoting future knowledge transfer activity to help ensure that research is transformed into products and services that everyone can benefit from.

The five finalists and their track record in Knowledge Transfer:The awards are being hosted by Ian Pearson, Minister of State for Science and Innovation, Professor David Delpy, Chief Executive of EPSRC and John Armitt, EPSRC Chair.

Ian Pearson, Science and Innovation Minister said:

"To ensure that society reaps the benefits of scientific research, innovation has to be transformed into tomorrow's products and services.

"EPSRC's Knowledge Transfer Challenge provides an ideal opportunity for researchers to demonstrate the wider benefits of some of the great work that is carried out in British Universities. The power of knowledge, ideas and innovation is key to the nation's economic health. It is crucial for us to transform knowledge into successful products and new jobs - if we are to compete in a rapidly changing world.

"The Awards provide one route to support this process, helping universities to turn their cutting-edge research into social and economic gains for everyone."

The winning university will receive a £500,000 award and a £60,000 CASE studentship*. The four runners-up will receive awards of £100,000. Last year's winning idea was from the University of Manchester, which came up with software that led to major advances in getting different computer systems to talk to each other.
-end-
Notes for Editors:

There is an opportunity to talk to each of the five finalists at the event reception between 6.45pm and 8.00pm. The winner will be announced at 8.00pm.

If you would like to attend the reception please send an e-mail to natasha.richardson@epsrc.ac.uk with the following information:The Panel of Judges

Chair: John Armitt - Chairman of EPSRC
Dr David Clarke - Head of Technology Strategy at Rolls-Royce and shortly moving to Chief Executive of the Energy Technologies Institute
Dr Catherine Beech - Chief Executive, Aitua Ltd
Don McLaverty - Investment Networks Director, Oxford Innovation

For more information on the awards visit: http://www.epsrc.ac.uk/ResearchFunding/Opportunities/KT/KTChallenge/default.htm

* For more information on CASE (a PhD studentship in collaboration with industry) visit: http://www.epsrc.ac.uk/PostgraduateTraining/IndustrialCASE/default.htm

The Engineering and Physical Sciences Research Council (EPSRC) is the UK's main agency for funding research in engineering and the physical sciences. The EPSRC invests around £740 million a year in research and postgraduate training, to help the nation handle the next generation of technological change. The areas covered range from information technology to structural engineering, and mathematics to materials science. This research forms the basis for future economic development in the UK and improvements for everyone's health, lifestyle and culture. EPSRC also actively promotes public awareness of science and engineering. EPSRC works alongside other Research Councils with responsibility for other areas of research. The Research Councils work collectively on issues of common concern via Research Councils UK. Website address for more information on EPSRC: www.epsrc.ac.uk/

Venue directions for Hotel Russell, London WC1B 5BE:
http://www.londonrussellhotel.co.uk/Hotel_Russell_Location.html

Nearest tube: Russell Square on the Piccadilly line

Engineering and Physical Sciences Research Council

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