<p>The Aerospace Industrial Strategy, published in March this year, sets out the actions Government and Industry are taking through the Aerospace Growth Partnership to secure and grow the UK's Aerospace sector. It includes actions designed to improve the sector's UK supply chain competitiveness. Including:</p><p>Setting up the Aerospace Technology Institute (ATI) which represents a Government and industry commitment to invest £2 billion over seven years in aerospace research and development projects across the UK.</p><p>Improving innovation in the supply chain by delivering a £40 million National Aerospace Technology Exploitation Programme (NATEP). A joint Government and industry initiative designed to help supply chain companies develop new technologies and sales.</p><p>A £6 million Government and industry funded bursary for 500 masters degrees in aerospace. The objective is to pinpoint and train future talent now to meet industry needs.</p><p>These actions build on existing Government programmes to support business including, the Advanced Manufacturing Supply Chain Initiative, the research and development tax credit and the Regional Growth Fund.</p>