Environment Secretary Owen Paterson said the UK could have a "leading role in feeding the world".
Mr Paterson made the announcement at Rothamsted Research in Harpenden, Hertfordshire, today.
He said the Government will help companies and research providers to overcome any barriers they may face in the UK - ensuring that it is the "best place" for them to carry out their work.
"The farmer benefits. The consumer benefits. The environment benefits," he said
After a year of drought followed by flooding, farmers could look increasingly to science and technology for help in tackling changing weather patterns.
That's the message from this year's Norfolk Farming Conference which is taking place at the John Innes centre in Norwich.
With rising food costs and a growing population the industry is pushing for solutions, like GM crops, developed and grown in the ITV Anglia region.
The American philanthropist Bill Gates has donated more than six million pounds to the John Innes Centre in Norwich to help scientists develop GM crops.