Industrial Strategy Challenge Fund: joint research and innovation
- Innovate UK and Department for Business, Energy & Industrial Strategy
- Part of:
- Industrial strategy
- 8 May 2017
- Last updated:
- 9 May 2017, see all updates
A fund to strengthen UK science and business innovation.
The Industrial Strategy Challenge Fund aims to bring together the UK’s world leading research with business to meet the major industrial and societal challenges of our time.
What is the fund?
The Industrial Strategy Challenge Fund was created to provide funding and support to UK businesses and researchers, part of the government’s £4.7 billion increase in research and development over the next 4 years.
It was designed to ensure that research and innovation takes centre stage in the Government’s Industrial Strategy.
Government has worked with businesses and academics to identify the biggest core industrial challenges where:
- the UK has a world-leading research base and businesses ready to innovate
- there is a large or fast-growing and sustainable global market
The 6 challenges that have been selected to receive fund support so far are:
Healthcare and medicines
To develop first-of-a-kind technologies for the manufacture of medicines. The aim is to speed up patient access to new drugs and treatments.
Robotics and artificial intelligence
To improve the productivity of industry and public services, innovations using artificial intelligence (AI) and robotics systems will be developed, that can be deployed in extreme environments. This includes industries such as offshore energy, nuclear energy, space and deep mining.
Clean and flexible energy
To design, development and manufacture of batteries for the electrification of vehicles to support the business opportunities presented by the low carbon economy and tackle air pollution.
Government will use the fund to invest in collaborative research and development projects to develop the next generation of AI and control systems need to ensure the UK is at the forefront of the driverless cars revolution.
Manufacturing and materials of the future
The fund will develop new, affordable, light-weight composite materials for aerospace, automotive and other advanced manufacturing sectors.
Satellites and space technology
A satellite test facility will be established. This will support new launch technologies, manufacturing and testing capabilities to construct future satellites and deliver payloads into orbit.
Information about further challenges, future engagement activities and how to access funding for businesses will be published here as they are announced.
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If you have any questions contact customer support service on email@example.com or 0300 321 4357.
Information for researchers will be managed by Research Council’s UK (RCUK).
For information on opportunities for researchers go to RCUK’s website.
Keep up to date with our latest news on the fund.
- Press release
- News story
- Press release
- News story
Published: 8 May 2017
Updated: 9 May 2017
- Clarified the core industrial challenges as identified by government, businesses and academics.
- First published.