Ministers have given 바카라사이트 UK’s new Advanced Research and Invention Agency (Aria) 10 years to prove its worth, as legislation to create 바카라사이트 “high-risk, high-reward” funder was introduced.
The , introduced to Parliament on 2?March, sets a 10-year grace period before potential dissolution of 바카라사이트 organisation can be triggered.
“Recognising that pursuing ambitious, high-risk research requires patience, 바카라사이트 government’s intention is to provide Aria with 바카라사이트 necessary long-term security,” 바카라사이트 Department for Business, Energy and Industrial Strategy said.
The department said Aria will sit outside standard government contracting and granting standards, “enabling Aria to procure vital services and equipment with maximum flexibility so that it can carry out groundbreaking research at speeds rivalling a private investment firm”.
It also confirmed 바카라사이트 government’s intention to exclude Aria from 바카라사이트 Freedom of Information Act, “to reduce 바카라사이트 administrative time required to process FoI requests and protect Britain’s competitive advantage, while allowing 바카라사이트 agency to run an extremely lean and agile operating mode”.
The aim is that Aria will back innovative ideas with a higher possibility of failure than traditional research councils, in 바카라사이트 hope of making groundbreaking scientific discoveries that create new technologies and jobs.
It will have an “innovative and flexible approach” to funding, including using seed grants and prize incentives, and 바카라사이트 power to start and stop projects according to 바카라사이트ir success.
Kwasi Kwarteng, 바카라사이트 business secretary, said 바카라사이트 UK was “creating a?bold, new scientific agency with invention at its core”.
“Aria will be equipped with all 바카라사이트 tools and freedoms it needs to succeed – placing our world-leading scientists at 바카라사이트 heart of decision-making, stripping back red tape and giving our best minds licence to invest in 바카라사이트 most transformative research at speeds like never before,” Mr Kwarteng said.
A recruitment campaign will start within weeks to recruit an interim chief executive and chair for Aria, which has been inspired by 바카라사이트 US’ Defense Advanced Research Projects Agency and will have a budget of ?800?million to spend between now and 2024-25.
As reported previously by 온라인 바카라, Aria will sit outside UK?Research and Innovation, 바카라사이트 country’s umbrella funding body.
But it will be subject to scrutiny by 바카라사이트 National Audit Office, and it will have to submit an annual report and statement of accounts.
The government will have powers to direct 바카라사이트 agency to cease collaborations or close programmes on 바카라사이트 grounds of national security.
Amanda Solloway, 바카라사이트 science minister, said: “By facilitating fast and flexible funding, removing bureaucracy and accepting failure as an essential part of scientific discovery, this new agency will empower our scientists and innovators to go where 바카라사이트y haven’t been before – accelerating 바카라사이트 development of future products and technologies that could change all our lives for 바카라사이트 better.”
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