Chelmsford-based e2v has been awarded a £2.9m grant from the UK government’s department for business innovation and skills’ (BIS) Regional Growth Fund (RGF) for developing and establishing manufacturing and test processes for the radiotherapy market.
The £2.9 million will go toward a £9 million investment that over the next five years will move e2v from the supply of components into sub-systems and services. The latest RGF funding followed two previous grants the company won for microwave generator and space imaging technology and service development, which totalled £10 million.
Keith Attwood is the chief executive officer of e2v. He said: ‘This grant is a key contributor to the delivery of our strategic plan. We will be working with our OEM partners to accelerate the development of class leading radiotherapy sub-systems around our core RF Power capability, which will help secure high value UK jobs. ‘
The Regional Growth Fund is a £2.6 billion fund operating across England from 2011 to 2016. It supports projects and programmes that are using private sector investment to create economic growth and sustainable employment.