In 2007 the UK government created the Technology Strategy Board. its remit is to be the national innovation agency and to "accelerate economic growth by stimulating and supporting business-led innovation", with the majority of the staff having a business background.
One of the things that the Board is doing is creating six specialist technology and innovation centres. Three have already been agreed. These are high-value manufacturing; cell therapies; and offshore renewable energy. The remaining three will be chosen from ten possible candidate areas. Pooling specialist help in this way is a very valuable initiative.
There is also a list of competitions, where companies or academia can compete for funding in technical research.
There is also a growing number of publications on new technologies, which include a list of case studies, which looked fascinating. Many are on green energy, building techniques, power generation, transport and other topics that interest me.
This is definitely a site to bookmark and to refer to if your interest is in cutting edge technology.