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The UK’s science-based businesses will find much to welcome in the 2011 budget. But there are still many challenges ahead if the country is to unlock the vast potential of small and early-stage technology companies, says Jonathan Ware of the consultancy PLMR

A new scheme will offer funding for small companies to carry out research and development on products, processes and services

A multinational database on ageing is first to become a European Research Infrastructure Consortium, a new legal status that will be an important building block of the European Research Area

Experts attending the Science|Businesses ACES awards at ETH Zurich last month agreed Open Innovation can boost companies of any size, but policy changes are needed to help small businesses get involved

The first of a new network of centres modelled on Germany’s Fraunhofer system will specialise in high value manufacturing

A new pilot will link entrepreneurs with the public and voluntary sectors across Europe to develop and deliver products and services that address unmet social needs

A four year project will set up a demonstration of telehealth in action, showing how it can improve care whilst prompting the development of new markets

Following endorsement from the Commission, Europe’s aviation companies will announce plans for joint research programmes to green the industry later this month

Memo to governments: Energy research is different than that in other sectors – longer term, more costly, higher hurdles to market.