Industrial Strategy Challenge Fund

Greg Clarke announces £1 billion investment over 4 years to support the above

  • Funding will focus on 6 key areas:
    • healthcare and medicine
    • robotics and artificial intelligence
    • batteries for clean and flexible energy storage (will be of interest to GTS members and we will run events to support you)
    • self-driving vehicles
    • manufacturing and materials of the future
    • satellites and space technology
  • Government has committed to increasing investment in research and development by £4.7 billion over the next 4 years. The extra £2 billion per year by 2020 to 2021 is the biggest increase in total government R&D investment since records began in 1979.
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Richard Hall Future South

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