UK Affirms Whopping £24 Million Funding Aid to Pursue Sustainable Food Production
One of the fastest, distinctively growing technologies is the food technology that is making headways, also facilitated by demand acceleration in door-step delivery of foods, paving way for a plethora of food businesses and start-ups.
The ubiquitous adoption of smartphones coupled with highly pervasive internet connectivity are further supporting this decisive surge in the food business.
Owing the massive rise in tech savvy consumer groups, close monitoring and tracking facilities are highly sought after, leading to an uptick in the app-based delivery system, highly supportive of an emerging food technology. Further, technological innovations are also ensuring additional touchpoints in the form of food production and preservation.
Matured economies such as Europe and the Americas are already devoting massive funds towards innovative food technology, supporting the same with lucrative funding aid.
In this regard it is crucial to know about UK initiative to allocate a whopping funding aid of over £24 million to support over nine food-based technology projects.
The crux of the development is perusal of a zero-emission food technology to ensure minimal wastage and sustainable production governing food development.
The newest development takes place under the umbrella project, UK Research & Innovation (UKRI) that facilitated food transformation to achieve the goal of zero emission on or before 2040 to adequately support sustainable food production.
Further, following suit is yet another food technology development under project that is yet to secure a whopping funding aid.
The project under the name, React First is a venture of protein based company, Deep Branch Biotechnology which is committed to producing novel protein generation technologies by gas fermentation process.
A consortium led by both industry veterans as well as academicians will be established for the enablement of advanced food production technologies with optimum sustainability quotient.