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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A charity shop in Framlingham Suffolk has been inundated with Ed Sheeran fans today keen to grab an item of his clothing.
This evening will start mainly dry but cloud will then thicken as outbreaks of rain spread east later in the night. Lows of 12 deg C
This afternoon staying dry and warm despite a strong breeze in places, especially along the coast. Highs of 24 degrees.