UK registered businesses can apply for a share of £8 million in grant funding for projects supporting recovery and growth of the UK’s foundation industries. The Industrial Strategy Challenge Fund will work with Innovate UK, part of UK Research and Innovation, to invest up to £8 million in innovation projects. These aim to catalyse innovation to support fast recovery and growth from Covid-19 through innovations that improve productivity and sustainability of the UK’s foundation industries.
Proposal
Your proposal must help the UK’s foundation industries remain globally competitive and become more environmentally sustainable. Your proposal must focus on resource or energy efficiency opportunities through the development of:
- the long-term viability of domestic supply chains
- new markets
- new business models
- new products and services
- new processes
They are looking to fund a portfolio of projects, across a variety of technologies, markets, sectors, technological maturities and research categories. Your project must not focus on fuel switching or technologies for the capture of emissions, such as carbon capture and storage.
