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I’m pleased to welcome the facilitators for this workshop Mr Martin Garratt, Cambridge Cleantech and Mr Karthik Durgaprasad, Basildon Borough Council and colleagues from Basildon Borough Council, UK as well as incubation managers from leading Indian incubation centres present here.

And I can confirm today that, despite the challenging fiscal forecasts, we will deliver on our commitment to raising the allowance to £12,500, and the higher rate threshold to £50,000, by the end of this Parliament.

Backed by a £178 billion equipment plan and defence budget rising in real terms for the rest of this parliament, the UK is one of the five of the 28 countries in NATO that meets the 2% spending target.

So departmental spending plans set out in the Spending Review last autumn will remain in place, and departmental expenditure in 21-22 will grow in line with inflation.

Specific information about the themed competition, which has up to £1 million available for fully funded phase 1 projects, was then provided. There are two technology challenges - screening of people and their hand luggage, and the screening of aviation cargo and hold luggage