Strength in Places Fund: Strong bids from every nation and region of the UK will be taken forward to the final decision stage
21 March 2019
Twenty-four ambitious projects, from pharmaceuticals to aerospace, and transport to the creative economy, are to receive early-stage funding to develop full-stage bids that could lead to significant economic growth in places across the country.
Each of the shortlisted projects from the first wave of UK Research and Innovation’s Strength in Places Fund has been awarded up to £50k in early-stage funding, which will allow applicants to develop full-stage bids. Teams behind these projects will then submit these bids to UK Research and Innovation in late 2019, with four to eight of the strongest set to receive between £10m and £50m each to carry out projects designed to drive substantial economic growth.
Announced in the modern Industrial Strategy in November 2017, the Strength in Places Fund will benefit all nations and regions of the UK by enabling them to tap into the world-class research and innovation capability that is spread right across the country. The fund brings together research organisations, businesses, and local leadership on projects that will lead to significant economic impact, high-value job creation and regional growth.