According to business leaders, cleantech and renewables are expected to become two of the most important sectors of the economy, a survey commissioned by the department for Business Innovation and Skills relveals.
The survey, which questioned business leaders from across eight sectors, found that 43% of them believe that cleantech will grow at the fastest pace by 2020, followed by science and technology (20%) and media and entertainment (15%).
Particularly, the survey highlights how the current climate presents new investment opportunities in high-growth areas of the economy.
In a statement from BIS, Science and Innovation Minister Lord Drayson was reported as saying: “Cleantech and renewables will play a huge part in helping the UK economy to grow sustainably, but we need to do more to encourage innovation in these and other high tech sectors”.
FinSMEs
27/08/2009