Innovate UK is the UK’s innovation agency, part of UK Research and Innovation (UKRI) a non-departmental public body funded the UK government. We drive productivity and economic growth by supporting businesses to develop and realise the potential of new ideas, including those from the UK’s world-class research base.
Innovate UK, along with other parts of UKRI, are managing the Industrial Strategy Challenge Fund which is part of government’s long-term plan to raise productivity and earning power in the UK. The fund is a core pillar in the government’s commitment to increase funding in research and development by £4.7 billion over 4 years to strengthen UK science and business. Made Smarter is one of the ISCF challenges currently being developed for Wave 3 of this Fund. This challenge will make the UK a global leader in industrial digitalisation, delivering a 30% increase in manufacturing productivity by 2030. The challenge aligns with the vision of the Juergen Maier led Made Smarter review and has significant cross-sector support.