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September 2, 2019 | Uncategorized

Apply for a share of up to £3.5 million from the Industrial Strategy Challenge Fund

Apply for a share of up to £3.5 million from the Industrial Strategy Challenge Fund

UK Research and Innovation is inviting companies to apply for a share of up to £3.5 million fund to enable data access and innovation in accountancy, insurance and law.

To be eligible your organisation must:
• be a UK-based business, academic institution, charity, public sector organisation or research and technology organisation (RTO)
• carry out its project work in the UK
• intend to exploit the results from or in the UK
• be invited to take part by the lead applicant

To lead a project your organisation must have participated in the Innovation Lab.

Application opens on 14th October and closes 20th November.

For further information, view here

UK Research and Innovation brings together the seven research councils, Innovate UK and Research England and works in partnership with universities, research organisations, businesses, charities, and government to create the best possible environment for research and innovation to flourish.

The Government’s Industrial Strategy Challenge Fund aims to bring together leading research and business to tackle the big societal and industrial challenges today. It forms part of the government’s Industrial Strategy, the long-term plan to raise productivity and earning power in the UK.

The fund is a core pillar in the government’s commitment to increase funding in research and development by £4.7 billion over 4 years to strengthen UK science and business. It will invest in the world-leading research base and highly-innovative businesses to address the biggest industrial and societal challenges today.

The Industrial Strategy Challenge Fund has supported 1,820 organisations since its inception in late 2016. Through the first two waves of funding £986 million of government investment has been secured by 497 projects, in addition to almost £488 million of underpinning investment.