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
New challenges will be added here as more information becomes available.