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£1m engineering ‘Nobel’, science cut, most innovative firms…

This week in UK&I in brief: UK’s £1m engineering ‘Nobel’; Irish government defends science cut; UK flops in league of most innovative firms; Northern Ireland research spend hits all-time high; Think tank argues for lab privatisation; Medical funder holds firm on stem-cells.

UK’s £1m engineering ‘Nobel’

The UK has launched a £1 million Nobel-style international engineering prize for “ground-breaking advances which have led to significant benefit to humanity”. The Queen Elizabeth Engineering Prize will be awarded every second year to an individual or team of up to three people. An international judging panel for the prize will be announced in February 2012, when the foundation will call for nominations for the first award, the winner of which will be announced in spring 2013.

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