Government awards Research and Development funding to key projects in the UK

The Government has awarded funding to 17 key projects in the UK that are tackling key issues, including the building of offshore wind farms, digitising construction sites and creating low carbon heat from disused mines.

Each of the research and innovation projects will be awarded up to £50,000 of Government funding to support their aims to boost local economic growth, create high-value jobs and upskill local workers.

The funding forms part of the Government’s strategy to boost the UK’s economic recovery through research and development projects, with a focus on tackling key issues such as clean energy.

The projects include heating homes in Glasgow using energy from disused mines, researching methods of diagnosing cancer more quickly and digitising the UK construction centre to increase productivity and safety levels.

As part of its commitment to put Research and Development at the forefront of the UK’s economic recovery plan, the Government announced the first wave of UK Research and Innovation’s (UKRI) ‘Strength in Places Fund’, with seven projects benefiting from more than £400 million in funding.

Funding for the second phase of the fund is set to be announced in spring 2021, with between £10 – 50 million in funding set to be made available. Applications for this phase closed in October 2019.

Alok Sharma, Business Secretary, said: “We are backing our innovators and with the support, they need to turn great ideas into first-class industries, products and technologies.

“From virtual construction projects to extracting clean heat from disused mines, the pioneering projects we are funding today will help create jobs and boost skills across the UK as we continue to drive forward our economic recovery.”

To find out how Made.Simplr could help you and your clients obtain R&D funding for relevant research and innovation projects, contact our expert team today.

content team

Our Content Team is the R&D specialised, curious and thorough group behind made.simplr's blog and R&D resources, covering topics of interest to the R&D, accounting and innovation world.

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