UK Research and Innovation (UKRI) is the UK's main public funder of research and innovation. Their strategy for 2022-2027 focuses on creating an outstanding research and innovation system in the UK, providing opportunities for everyone to contribute and benefit. This involves advancing knowledge, improving lives, and driving growth nationally and globally. UKRI aims to deliver the government’s ambitions for the UK as a global leader in research and innovation, aligning with plans for growth, R&D roadmap, innovation strategy, R&D people and culture strategy, integrated review, and levelling up white paper. The firm's strategic approach is underpinned by four principles: diversity, connectivity, resilience, and engagement. These principles are fundamental to how UKRI operates and aims to foster a flourishing research and innovation system in the UK. The strategy also outlines six objectives focused on people, places, ideas, innovation, and impacts, supported by UKRI as a world-class organization. UKRI's investment strategy involves funding various research councils, including the Arts and Humanities Research Council (AHRC), Biotechnology and Biological Sciences Research Council (BBSRC), Economic and Social Research Council (ESRC), Engineering and Physical Sciences Research Council (EPSRC), Innovate UK, Medical Research Council (MRC), Natural Environment Research Council (NERC), Research England, and Science and Technology Facilities Council (STFC). UKRI is transitioning to a more strategic, UKRI-wide model for investing in research and innovation, aiming to deliver the greatest possible impact for the public. This involves coordinating funding across different councils and establishing UKRI-wide themes, such as the UKRI Life Sciences Priority Programme under the MRC. The organization is committed to sustaining curiosity-driven research through grant awards and fellowships.
Preferred startup development maturity for initial funding deployment.
Arts and Humanities, Biotechnology, Biological Sciences, Economics, Social Research, Engineering, Physical Sciences, Innovation, Medical Research, Natural Environment Research, Science and Technology
Core thematic spaces, technologies, and target market segments of interest.
Standard financial allocation per investment round.
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