2013 Report details for project: Catapult Centres

Project name: Catapult Centres - there are 2 reports for this project: 2013, 2014
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Organisation: BIS (D3) - see all reports for this organisation
Report year: 2013 (data is from Sept 2012)
Category: Infrastructure - see all reports for this category
Description: The Technology Strategy Board will establish a network of elite Catapult technology and innovation centres. The Catapult centres will help businesses to adopt, develop and exploit innovative technologies - transforming ideas into new products and services to generate economic growth.
DCA (RAG): Amber/Green
DCA text: The Catapults technology and innovation centres programme is progressing well but it remains ambitious and challenging. Resources have been strengthened in a number of keys areas of the programme team, particularly around communications.
Start date: 2010-01-12
End date: 2013-01-04
Schedule text: Progress to date has been excellent. Identifying and recruiting talented Chief Executive Officers and leadership teams for the centres is now a critical activity that will define the speed of delivery.
Baseline: £60.00m
Forecast: £60.00m
Variance: 0.00%
Variance text:
Whole Life Cost: £476.00m
WLCost text: A Key recommendation of the Hauser Review was that long term commitment to core funding is essential to the success of the programme. The Whole life costs includes an allowance for the initial funding commitments only and exclude additional funding from announced in the 2012 Autumn Statement.
Notes1: Technology and innovation centres
Sourcefile: BIS_2013.csv

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Acknowledgement: GMPP data has been re-used under the Open Government Licence.