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
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Police say that 15 motorists will be prosecuted for taking photos of a crash between four lorries on the A14 in the county this morning.
Winds soon easing to leave a dry and settled day with plenty of sunshine
Mild overnight with a few light showers. Breezy tomorrow. Generally dry and settled with some decent sunny spells