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Business secretary says legislation underway, aiming for the agency to be fully operational by 2022
The UK government has revealed the long-awaited plans for its £800 million “high-risk, high-reward” research funder dubbed UK Arpa and modelled on the United States’ Advanced Research Projects Agency.
The plans follow a recent report from MPs who described it as “strange” that the government has “not clearly articulated the need for, or intended remit of, the proposed agency” more than a year after proposing it.