NESTA COMMENT - Lord David Sainsbury's resignation as Science and Innovation Minister at the DTI
10/11/2006
"He has been a tireless advocate for the centrality of science and innovation to Britain's future."
"During his sustained period in office he has helped transform the UK's capacity to exploit new ideas and knowledge transfer. He has been a tireless advocate for the centrality of science and innovation to Britain's future."
NESTA, the National Endowment for Science, Technology and the Arts, is working to transform the UK's capacity for innovation. Our endowed funds of over £300m allow us to be a genuine risk-funder, to take a longer-term view and invest in the most promising new ideas and ventures. Underpinning our work is the fundamental view that successful innovation fuels long-term economic and social progress, and is an essential ingredient to the UK maintaining its competitive edge in the global market place.