Strength in Places Fund: second funding wave announced
8 May 2019
UK Research and Innovation has launched Wave Two of its flagship Strength in Places Fund (SIPF).
The £236m SIPF brings together research organisations, business, and local leadership on projects that will lead to significant economic impact, high-value job creation, and local economic growth.
Bids are invited from consortia that can demonstrate the greatest proportionate economic benefit to their locality by aligning excellent research and high-quality innovation capability to the needs of local industry. Projects must be led by either a research organisation or a business, but should include both research organisation(s) and business.
For full details, see the announcement on the UKRI website.
- The UK Government announced the Strength in Places Fund in the Industrial Strategy White Paper. The White Paper highlighted the important role science, research, innovation and skills provision play in driving productivity and economic growth throughout the regions and nations of the UK. The UKRI Strength in Places Fund therefore forms part of the activity undertaken as part of the National Productivity Investment Fund (NPIF) that will be contributing to the UK Government’s target to reach 2.4% of GDP investment in R&D by 2027. The fund is part of the National Productivity Investment Fund (NPIF) that contributes to the UK Government’s target to reach 2.4% of GDP investment in R&D by 2027, and 3% in the longer term. Government unveils Industrial Strategy to boost productivity and earning power of people across the UK.