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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Morning's likely to see plenty of cloud bringing some mainly light and patchy rain.
Any showers should die away this evening with most places dry overnight.
The veteran rockers Status Quo have been forced to postpone a concert in Norwich this weekend after frontman Francis Rossi became ill