Government invites business and scientists for advice on industries of the future

For its new Industrial Strategy Challenge Fund, May’s government says ideas on how best to support the industries of the future are welcome

Posted 17 January 2017 by

UK business leaders and scientists now have an open invite to tell the government what its new Industrial Strategy Challenge Fund should be doing to support them.

The Fund – announced by the Prime Minister Theresa May at last year’s CBI conference – is all about identifying and developing the industries of the future, “driving progress in technologies where the UK can build on existing areas of industrial and research strength”.

Now, the country’s official agency for helping industry with fresh ideas, Innovate UK, is teaming up with the Department for Business, Energy and Industrial Strategy to hear exactly what ideas may be out there via a series of nationwide workshops through the Knowledge Transfer Network this month.

The government sees things like self-driving cars to advanced medical therapies capable of revolutionising disease management as part of what it sees as the “dozens of high-impact technologies on the horizon” in which the UK has immense capabilities.

It also thinks the Fund could help boost long-term productivity and economic growth.

“This Fund represents a clear commitment from government to put research and innovation at the heart of our industrial strategy and ensure the UK remains at the forefront of innovation for years to come,” said Minister of State for Science, Universities and Innovation Jo Johnson at the launch of the consultation process yesterday.

“These workshops will bring together experts from across the country to help us identify where the UK can better take advantage of its world-leading expertise in research and innovation,” he added.

Consultation on a planned wider Industrial Strategy green paper, which includes the Fund, will be announced shortly.

Innovate UK will be the subject of a special webinar later this month ThinkDigitalPartners.com has written about on its adoption of modern CRM techniques.