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The Advanced Research and Invention Agency (ARIA) Bill, 2019-21 and 2021-22 [Bill 264] was introduced in the Commons on 2 March 2021 and had completed all its Commons stages by 7 June 2021.
The Advanced Research and Invention Agency (ARIA) Bill, 2019-21 and 2021-22 [Bill 264] was introduced in the Commons on 2 March 2021 and had completed all its Commons stages by 7 June 2021.
To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding has been allocated to (a) each organisation and (b) in total through the Industrial Strategy Challenge Fund to date; and how much match funding from industry that fund has generated.
To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding has been allocated to (a) each organisation and (b) in total through the Industrial Strategy Challenge Fund to date; and how much match funding from industry that fund has generated.
The Industrial Strategy Challenge Fund (ISCF) is a mission-oriented funding programme. It brings together the UK’s world-leading research base with highly innovative businesses to solve the major industrial and societal challenges. Since its inception in 2017, the ISCF has allocated £2.8 billion of public funding and has garnered £2.8 billion in co-investment commitments from industry.
The ISCF has funded 1,926 unique organisations to date, together these have been awarded grants through UK Research and Innovation (UKRI) with a total value of £1,811 million.
To ask the Secretary of State for Business, Energy and Industrial Strategy, what proportion of the Industrial Strategy Fund has been allocated to companies based in the North East.
To ask the Secretary of State for Business, Energy and Industrial Strategy, what proportion of the Industrial Strategy Fund has been allocated to companies based in the North East.
As of 3rd March 2021, £84 million had been awarded to organisations registered in the North East, out of a total of £1.8 billion of grants awarded from the Industrial Strategy Challenge Fund across the whole of the UK.
To ask the Secretary of State for Business, Energy and Industrial Strategy what discussions he ahs had with the Prime Minister on the proposals put to the Government to support the future of British engineering through the Brunel Challenge; and if he will take steps to provide support for the...
To ask the Secretary of State for Business, Energy and Industrial Strategy what discussions he ahs had with the Prime Minister on the proposals put to the Government to support the future of British engineering through the Brunel Challenge; and if he will take steps to provide support for the...
The Government recognises the value of British engineering capability and innovation. That is why we have already invested nearly £2 billion in the Aerospace Technology Institute Programme, providing advice on market opportunities and technology. We have also committed with industry around £1 billion through the Advanced Propulsion Centre, to research, develop, and commercialise the next generation of low carbon technologies to keep the UK at the cutting edge of low carbon automotive innovations. We are also supporting the innovation of digital design through the £147 million Manufacturing Made Smarter Challenge.
At the last Budget, we set out plans for public investment in research and development to reach £22 billion each year by 2024/25, which is a record increase in spending.
As part of the upcoming Spending Review we will consider proposals for this investment, of which the Brunel Challenge and slingshot is one of many.
To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 20 January 2020 to Question 2480, to what projects she plans to allocate the £170 million Industrial Strategy Challenge Fund.
To ask the Secretary of State for Business, Energy and Industrial Strategy, pursuant to the Answer of 20 January 2020 to Question 2480, to what projects she plans to allocate the £170 million Industrial Strategy Challenge Fund.
Through the Industrial Strategy Challenge Fund, UK Research and Innovation will allocate up to £170 million to projects that will support the delivery of the Industrial Clusters Mission. There are three strands that the funding will cover: 1) projects to deliver or support the delivery of significant emissions reductions in industrial clusters; 2) the development of industrial cluster decarbonisation roadmaps; and 3) establishing an Industrial Decarbonisation Research and Innovation Centre.
My Rt hon friend the Secretary of State for Business, Energy and Industrial Strategy (Greg Clark) has today made the following statement:
On 27 June, the UK became the first major economy in the world to legislate to reach net zero emissions by 2050.
Achieving this target will require significant changes...
My Rt hon friend the Secretary of State for Business, Energy and Industrial Strategy (Greg Clark) has today made the following statement:
On 27 June, the UK became the first major economy in the world to legislate to reach net zero emissions by 2050.
Achieving this target will require significant changes...
On 27 June, the UK became the first major economy in the world to legislate to reach net zero emissions by 2050.
Achieving this target will require significant changes in the way we produce, deliver and use energy. We will need to harness the power of innovation and new technology...
On 27 June, the UK became the first major economy in the world to legislate to reach net zero emissions by 2050.
Achieving this target will require significant changes in the way we produce, deliver and use energy. We will need to harness the power of innovation and new technology...
My Rt hon Friend the Secretary of State for Business, Energy and Industrial Strategy (Greg Clark), has today made the following statement:
As part of the Industrial Strategy, the Government committed to making the most of the UK’s strengths, so we can be at the forefront of emerging technologies and...
My Rt hon Friend the Secretary of State for Business, Energy and Industrial Strategy (Greg Clark), has today made the following statement:
As part of the Industrial Strategy, the Government committed to making the most of the UK’s strengths, so we can be at the forefront of emerging technologies and...
As part of the Industrial Strategy, the Government committed to making the most of the UK’s strengths, so we can be at the forefront of emerging technologies and industries in the years ahead.
The Aerospace sector is a leading industrial sector for the UK with particular strengths in the design,...
As part of the Industrial Strategy, the Government committed to making the most of the UK’s strengths, so we can be at the forefront of emerging technologies and industries in the years ahead.
The Aerospace sector is a leading industrial sector for the UK with particular strengths in the design,...
The industrial strategy challenge fund round closed in April, but the Government are not expected to make a decision until the tail end of this year. Can they speed up the process please?
The industrial strategy challenge fund round closed in April, but the Government are not expected to make a decision until the tail end of this year. Can they speed up the process please?
We are determined to speed up the process, and obviously we are investing more than ever before, but it is important that we take our time to make the right investments to benefit UK industry.
We are determined to speed up the process, and obviously we are investing more than ever before, but it is important that we take our time to make the right investments to benefit UK industry.
We are determined to speed up the process, and obviously we are investing more than ever before, but it is important that we take our time to make the right investments to benefit UK industry.
The industrial strategy challenge fund round closed in April, but the Government are not expected to make a decision until the tail end of this year. Can they speed up the process please?
To ask Her Majesty's Government whether Industrial Strategy Challenge Fund projects will be permitted to fail.
To ask Her Majesty's Government whether Industrial Strategy Challenge Fund projects will be permitted to fail.
Industrial Strategy Challenge Fund (ISCF) projects will bring together world-class UK research with business investment to develop the technologies and industries of the future and ensure we capture the value of these innovations to our economy. Delivered by UKRI, it takes a strategic approach to delivering the challenges across the UK’s science and business base.
Pivotal to the ISCF is an appetite to take risk and pursue high return opportunities, as has been successfully adopted in other schemes, such as America’s DARPA challenges. This means not all ISCF projects may succeed because of technological and market uncertainties. It will be important that there is a broad risk appetite to explore promising ideas across the portfolio of challenges as well as within elements of each specific challenge. The ISCF will place the responsibility for delivering a challenge in the hands of a ‘Challenge Director’, who will be leading a expert in the area. Challenge Directors will assemble a portfolio of projects that span the risk spectrum. Rigorous assessment, encompassing investment appraisal, on-going monitoring and ex-post evaluation will inform investment decisions. Through governance and monitoring arrangements, we will ensure that failures are detected early, review progress and maximise value for money.
To ask Her Majesty's Government what process will be in place for Her Majesty's Government to decide the next areas to benefit from the Industrial Strategy Challenge Fund.
To ask Her Majesty's Government what process will be in place for Her Majesty's Government to decide the next areas to benefit from the Industrial Strategy Challenge Fund.
UK Research and Innovation (UKRI) launched an open call for Expressions of Interest to identify challenges to be supported within wave 3 of the Industrial Strategy Challenge Fund (ISCF) on 28 February 2018. Funding for wave 3 challenges will start in financial year 2019/20. The EOI process will enable industry to fully engage with the ISCF, including those businesses or sectors that do not traditionally make use of innovation funding.
Expressions of interest for challenges for wave 3 of the ISCF programme must be industry-led and demonstrate clear alignment with at least one of the Grand Challenges of the Industrial Strategy White Paper: Clean Growth; Ageing Society; Future of Mobility; and Artificial Intelligence and Data Economy. Challenges for wave 3 will be evaluated by UKRI based on the following criteria. Challenges must:
- be compelling, focused, understandable and have a real benefit if solved
- be industry-led and in an area of existing strength
- take advantage of the depth and expertise of UK research
- offer a clear opportunity for sustainable growth, including global markets
- evidence that government support is necessary and of strategic importance
- increase productivity
As with previous challenges, expert input will be sought in choosing which challenges will be funded through the ISCF. This includes the UKRI Board, Innovate UK and Research Councils, and a series of deep dive sessions with industry and academia across the UK.
To ask Her Majesty's Government when they will publish their process for selecting the next areas to benefit from the Industrial Strategy Challenge Fund.
To ask Her Majesty's Government when they will publish their process for selecting the next areas to benefit from the Industrial Strategy Challenge Fund.
UK Research and Innovation (UKRI) launched an open call for Expressions of Interest to identify challenges to be supported within wave 3 of the Industrial Strategy Challenge Fund (ISCF) on 28 February 2018. The Expression of Interest process is being managed by UKRI using Innovate UK’s Innovation Funding Service (https://apply-for-innovation-funding.service.gov.uk/competition/126/overview). This webpage clearly outlines the assessment criteria for the challenges. Details of the wave 3 process will also be made available at the Industrial Strategy Challenge Fund website https://www.gov.uk/government/collections/industrial-strategy-challenge-fund-joint-research-and-innovation.