What is the Industrial Strategy Challenge Fund

The Industrial Strategy Challenge Fund (ISCF) is our flagship challenge-led innovation programme. Around £2.6 billion of public money and £3 billion in matched funding from the private sector have been invested in projects that bring together researchers and businesses to tackle the big societal and industrial challenges of today.

You can win support for a range of projects across 23 different challenges, from small feasibility studies through to large collaborative research and development projects and major new research and development facilities.

All the challenges fall under the four themes of the government’s industrial strategy:

What it has achieved

The Industrial Strategy Challenge Fund has invested billions of pounds across the challenges and has achieved notable successes including:

How to apply for funding

You can apply for funding if you are a research organisation, a business of any size, or a charity. Some of the challenges have already allocated their investments, but many are planning new opportunities.

Search the Funding finder for Industrial Strategy Challenge Fund opportunities. You can also use some of the facilities set up by the Industrial Strategy Challenge Fund or work with funded projects.

Last updated: 8 October 2021

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