Major public sector investment in BioVale

The University of York has secured £2.4M of investment from the Higher Education Funding Council for England (HEFCE) to help grow the UK’s bioeconomy. The funding will be used to support the development of BioVale, as well as a new programme of technical support at the Biorenewables Development Centre. Professor Deborah Smith, Chair of the BioVale steering group, said: “This funding is critical to establish the entrepreneurship and technology transfer needed to boost the UK bioeconomy and strengthen the links between the regional research base and bio-based industry.” Read the University of York press release.