The Research Councils and Innovate UK today welcomed the initial key areas of the Government’s flagship Industrial Strategy Challenge Fund (ISCF) that have now opened to businesses and researchers to apply for funding.
The six investment areas unveiled in the Budget of April 2017 are:
The ISCF is a strategic element of the Government’s Industrial Strategy that aims to ensure the UK continues to be one of the best places in the world for science and innovation.
Innovate UK and the Research Councils are taking a leading role in delivering this funding, operating across the country, to ensure the UK secures maximum benefit from science and innovation.
Professor Philip Nelson, Chair of the Research Councils and EPSRC Chief Executive, said: “The Industrial Strategy Challenge Fund will target areas that are crucial to the economic and societal future of the UK. It will help research and innovation to thrive and open up new possibilities for the country. We can lead the world in developing science that underpins new technologies and their applications. The Research Councils and Innovate UK will be working closely to bring about advances in all the first six areas.”
Ruth McKernan, Chief Executive of Innovate UK, said: “There is huge interest from business in the Industrial Strategy Challenge Fund because of its bold ambitions to break new ground for research and innovation in the UK. I am therefore delighted that our first competitions for businesses are launched this week for the development of robotics and artificial intelligence systems that can be deployed in extreme environments.”
In Robotics and Artificial Intelligence systems - Innovate UK, the Engineering and Physical Sciences Research Council (EPSRC) and the Natural Environment Research Council (NERC) are collaborating on an integrated programme investigating the development and deployment of Robotics and Artificial Intelligence (RAI) systems in extreme environments.
The programme aims to develop robotic solutions to make a safer working environment in industries such as off-shore energy, nuclear energy, space and deep mining, increase productivity and open up new cross disciplinary opportunities, not currently available.
EPSRC will lead on a £42 million call for use-inspired research Hubs with specific partnership resource, to drive and accelerate translation of fundamental science in Robotics and AI systems.
Innovate UK will lead on two new funding competitions which have now opened:
NERC is investing £16 million in marine autonomous systems, maintaining the UK's world-class status in this field. NERC has awarded £4.3 million of this funding to develop new sensors capable of working in the ocean’s extreme conditions.
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The Industrial Strategy Challenge Fund (ISCF) builds on the UK’s world-class research base and delivers the science that business needs to transform existing industries and create new ones. It accelerates commercial exploitation of the most exciting technologies the UK has to offer the world to ensure that scientific investment truly delivers economic impact, jobs and growth right across the country.
The ISCF is delivered by Innovate UK and Research Councils UK, (RCUK) and eventually UK Research and Innovation (UKRI) , the single voice for the UK’s research and innovation landscape.
Innovate UK is the UK’s innovation agency. Innovate UK works with people, companies and partner organisations to find and drive the science and technology innovations that will grow the UK economy - delivering productivity, new jobs and exports. Our aim at Innovate UK is to keep the UK globally competitive in the race for future prosperity. For further information and to stay updated on our latest news visit the Innovate UK website, follow us on Twitter (@innovateuk) or subscribe to our Innovate UK YouTube channel.
Research Councils UK (RCUK) is the strategic partnership of the UK’s seven Research Councils. Our collective ambition is to ensure the UK remains the best place in the world to do research, innovate and grow business. The Research Councils are central to delivering research and innovation for economic growth and societal impact. Together, we invest £3 billion in research each year, covering all disciplines and sectors, to meet tomorrow’s challenges today. Our investments create new knowledge through: funding research excellence; responding to society’s challenges; developing skills, leadership and infrastructure; and leading the UK’s research direction. We drive innovation through: creating environments and brokering partnerships; co-delivering research and innovation with over 2,500 businesses, 1,000 of which are SMEs; and providing intelligence for policy making. Find out more about our work on the RCUK website.
The seven UK Research Councils are: