The original DTI organisation had its roots in the Innovation Review published by the DTI in December 2003 and the Lambert Review. This reconfigured the major funding mechanism as the Collaborative Research and Development Technology Programme, transformed the pre-existing Faraday Partnerships into Knowledge Transfer Networks, renamed the Teaching Company Scheme as Knowledge Transfer Partnerships and set up an Advisory Board made up of 12 people from business, venture capital and regional government. These changes all took place in 2004 - with the Advisory Board being appointed in October of that year.
Move to Swindon
This set up lasted until the 2006 Budget when Gordon Brown announced the intention to set up the Technology Strategy Board as a "non-departmental public body" operating at "arm's length" from the UK Government. This effectively moved the body out of London and it was... Read More