Industrial Strategy Challenge Fund
The government’s Industrial Strategy Challenge Fund brings together leading research and business to tackle the big societal and industrial challenges today.
What is the Industrial Strategy Challenge Fund?
The Industrial Strategy Challenge Fund is part of 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.
What are the challenges?
The challenges have been informed by industry and are where:
- we already have world-leading research and businesses that are ready to innovate
- the global market is large or fast-growing and sustainable
Challenge areas shortlisted for future support include: accelerating detection of disease, commercialising quantum, digital security by design, driving the electric revolution, future flight, industrial decarbonisation, manufacturing made smarter, sustainable plastic packaging and transforming foundation industries.
There's more on the shortlisted challenges in our blog. Details will be added here as they are confirmed.
Who is involved in the ISCF?
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.
Funding has been awarded to projects all across the country – from Orkney-based Ferguson Marine that is working on a project to reduce emissions within the maritime industry through the use of hydrogen to Cornwall-based Goonhilly Earth Station, which is working alongside the European Space Agency on developing antennas for use by private space exploration companies for deep-space communications.
Pioneering research organisations, SMEs, charities and the UK’s biggest businesses are all engaged with the fund from Airbus to the Royal Opera House, Saga Robotics, the University of Oxford and Jaguar Land Rover. See how organisations are already getting involved .
Accelerating Detection of Disease
This challenge represents a pioneering programme to recruit 5 million volunteers into a research study that aims to invent new ways to detect and prevent the development of diseases.
Audience of the future
The next generation of virtual, augmented and mixed reality experiences are coming, thanks to a UK government investment to support the best UK storytellers to create ground-breaking experiences in TV, performance, sport and more.
Creative industries clusters
An overview of the government’s programme to grow the creative economy and open up exciting ways to create, distribute, and participate in new products and experiences.
Digital Security by Design
This challenge aims to tackle the most damaging cyber security threats, helping to ensure the UK remains one of the safest places to do business online. It aims to ensure every UK organisation and consumer is as resilient to cyber threats as possible.
Faraday battery challenge
The Faraday battery challenge will help to lower carbon and tackle air pollution by improving batteries. It will develop high-performance batteries for electric vehicles and other applications that are more cost-effective, durable, safer, of lower weight and also recyclable.
From data to early diagnosis and precision medicine
This challenge will create new products and services using the wealth of health data we have in the UK. It will enable clinicians to diagnose individual patients earlier and then choose the best course of treatment to improve their quality of life.
The healthy ageing challenge asks industry and researchers to develop products and services to help people remain independent, productive, active and socially connected for longer.
This challenge will boost development of low-carbon technologies to increase competitiveness of key industrial regions and support the UK’s drive for Clean Growth.
Announced as part of the Government’s Energy Update in July 2019, this challenge looks to drive down the cost of nuclear through the development of innovative modular reactors that are smaller than conventional nuclear power plants and can be built in a factory.
Manufacturing and future materials
An overview of government’s challenge to industry and research to develop the next generation of affordable, light-weight composite materials.
Next generation services
An overview of government’s challenge to industry and research to help the service industry take advantage of new technologies.
Prospering from the energy revolution
Smart energy systems can intelligently link energy supply, storage and use, and power heating and transport in ways that dramatically improve efficiency. It’s a huge market opportunity, with $2 trillion a year estimated to be invested in global energy infrastructure.
An overview of government’s challenge to industry and research to develop AI and control systems that put the UK at the forefront of the driverless cars revolution.
Smart Sustainable Plastic Packaging
This challenge will establish the UK as a leading innovator in smart and sustainable plastic packaging for consumer products.