From ideas to wealth
To make the UK the best environment in the world for research and development
Key R&D developments
Government Industrial Strategy consultation document
In the middle of February the Government launched a green paper – the Industrial Strategy consultation document – which included ‘investing in science, research and innovation’ as the first of 10 ‘pillars’. The paper contains proposals to continue some existing policies as well as some new ideas but more importantly asks for input from interested parties to help form the Industrial Strategy. The R&D Society will be coordinating a response over the coming period based on new ideas on commercialising science and technology.
Industrial Strategy Challenge Fund (ISCF) and industrial strategy
In late November last year, the Prime Minister confirmed the Industrial Strategy Challenge Fund (ISCF) would be a major element of its industrial strategy. Innovate UK has recently run a series of workshops on where the focus of this fund should be and have identified 8 areas where they believe there is great market potential – characterised by excellent UK research, and industrial capability – where this fund could be applied: Bioscience and biotechnology; Leading edge healthcare and medicine; Manufacturing processes and materials of the future; Smart, flexible and clean energy technologies; Quantum technologies; Robotics and artificial intelligence; Satellites and space technologies; and Transformative digital technologies. The R&D Society, with industrial partners, will be evaluating where the major opportunities for UK businesses lie, and how best to influence Government policy to support business R&D in these areas.
About the Society
What we do
From ideas to wealth
Founded more than 50 years ago, the Society recognises how the R&D landscape has changed, but our focus remains helping to make the UK one of the most attractive global environments for R&D. Read on on the About page
What we are planning
Industrial strategy, responding to Brexit, opening up membership
We are responding to events of the past 18 months, in industry and in politics and are responding via public events, round table meetings, and canvassing of opinion. In particular we are working on research, activities and engagement around Industrial strategy and responding to Brexit, and opening up membership. Read on on the About page
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