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.
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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.
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.
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 growing, ageing population are increasing the demand for care and other health-related services. The healthy ageing challenge will help people to stay active, productive and independent for longer, and provide better, more effective care when they do need it.
To help individual patients get the right drugs and treatments for them at the right time and speed up access to new medicines, this challenge will develop first-of-a-kind technologies for manufacturing, as well as new digital products.
Quantum technology has the potential to hugely improve our products and devices, from those we rely on everyday such as mobile phones, to creating new medical and communications systems. This challenge will help take quantum out of lab so that it can be turned into products of the future.
This challenge will develop artificial intelligence and robotics systems for extreme working environments, such as deep mining, nuclear energy, space and off-shore energy. It will support safer work for people and improve productivity.
This challenge will produce more efficient, sustainable food and make supply less vulnerable to shocks such as disease outbreaks and extreme weather. Doing so will benefit farmers, consumers and the environment.