UKRI publishes annual report

Diverse team of engineers working in office at industrial factory.

UK Research and Innovation (UKRI) has published its annual report and accounts for the financial year 2022 to 2023.

The report updates on progress against the first year of UKRI’s strategy: transforming tomorrow together, and the activities set out in the corporate plan.

The report, which has been laid before parliament, includes a performance report providing a summary of UKRI’s performance and finances.

It outlines what has been delivered against the six strategic objectives in the strategy, including:

  • people and careers: transforming the way we invest in talent, through the creation of a £2 billion collective talent budget
  • places: co-developing pilot Innovation Accelerators with the Department for Science, Innovation and Technology and city region partnerships, to accelerate the growth of high-potential innovation clusters
  • ideas: investing in 6,216 new research and innovation projects across the UK, allowing talented people and teams to pursue their ideas
  • innovation: supporting researchers and innovators to leverage the investment they need to commercialise, grow their businesses faster, and access networks and infrastructure to enable effective, cutting-edge innovation across the UK
  • impacts: launching the £250 million technology missions fund to secure the UK’s world-leading position in technologies of tomorrow including,artificial intelligence, quantum technologies, and engineering biology
  • world-class organisation: improving the way we work through our organisational change programmes, including early trials of our new funding service, creating a better user experience for applicants for research and innovation funding

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