Categories: Entrepreneur

Bill Gates Urged Britain To Step Up Investment In Science And Research

US billionaire philanthropist Bill Gates urged Britain on Wednesday to step up investment in science and research as it prepares to leave the EU.

Speaking at a conference in London attended by more than 1,000 scientists from around the world, Gates pledged to continue his own investment in British research and innovation, despite the economic uncertainties surrounding Brexit.

“The world needs innovative leadership now more than ever,” the Microsoft co-founder said.

“The complexity of our most urgent global problems—extreme poverty, the persistence, and spread of disease, feeding a growing world—requires that we invest in science and put our best minds to work on finding solutions.

“As the UK seeks to negotiate its exit from the EU, it is critical that the government steps up its investments in science and innovation if we are to meet the challenges of tomorrow and grow the UK’s economy.”

His comments come amid fears that British science may suffer if projects lose European funding after Britain leaves the European Union.

Virgin founder Richard Branson, also speaking at the event, echoed the call for investment to drive innovation.

“British scientists, engineers, and innovators have been responsible for some truly transformative developments in health and poverty alleviation over the years but these changes are not possible without sustained investment,” he said.

Calling philanthropists, government, and business to play their part, he added: “These investments benefit British businesses as well as the most vulnerable people in the world.”

Gates was also backing an $18 million (16 million euro) international funding program to combat Zika and other mosquito-borne viruses in Colombia and Brazil.

The funding, from the governments of the United States, Britain, Brazil, and Colombia, as well as the Wellcome Trust and the Bill and Melinda Gates Foundation, will finance trials of an innovative mosquito control method using the Wolbachia bacteria.

Wolbachia is a naturally occurring bacteria found in around 60 percent of insect species, but not the Aedes aegypti mosquito, which carries dengue and Zika.

Research has shown that bacteria can prevent mosquitoes from transmitting viruses to humans.

Trials will be carried out in urban areas of South America, including Rio de Janeiro and parts of Antioquia, Colombia, with researchers hoping to demonstrate a significant reduction in new cases of Zika, dengue, and chikungunya.

Sameer
Sameer is a writer, entrepreneur and investor. He is passionate about inspiring entrepreneurs and women in business, telling great startup stories, providing readers with actionable insights on startup fundraising, startup marketing and startup non-obviousnesses and generally ranting on things that he thinks should be ranting about all while hoping to impress upon them to bet on themselves (as entrepreneurs) and bet on others (as investors or potential board members or executives or managers) who are really betting on themselves but need the motivation of someone else’s endorsement to get there.

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