UKRI has published a corporate plan for the world-class research and innovation needed to drive economic, social, environmental and cultural benefits in the future.
The plan sets out how UK Research and Innovation (UKRI) will spend its annual £7.9 billion budget and support the government’s ambitions for the UK to be:
- a global leader in research and innovation
- the best place in the world to innovate and invest in or grow a business.
UKRI considers the plan’s publication to be a significant milestone.
Building on five-year strategy
It builds on UKRI’s five-year strategy, transforming tomorrow together, and provides more detail on how UKRI will deliver its ambition for UK research and innovation set out through six strategic objectives.
It will be followed by publication of strategic delivery plans for UKRI’s nine councils.
Through this full suite of documents UKRI will set its path for the forthcoming years, delivering on the promises of the Spending Review settlement.
Fostering outstanding research and innovation
UKRI Chief Executive Professor Dame Ottoline Leyser said: “Our corporate plan sets out the key actions UKRI will take over the course of our three-year budget settlement to foster an outstanding research and innovation system for the UK.
This collective programme of work across UKRI is guided by our ambitious strategy, which outlines our strategic objectives and four principles for change: diversity, connectivity, resilience and engagement.
We are committed to ensuring that UKRI realises its full potential, working with our many partners to convene, catalyse and invest in the UK’s world-class research and innovation endeavour, enriching lives locally, nationally and globally.
Business Secretary Kwasi Kwarteng added: “esearch and innovation is crucial to the UK’s future; it will drive prosperity in every part of the country and deliver benefits for all.
UKRI’s corporate plan outlines how it will support the UK’s world-leading researchers and innovators, strengthening its position as a science superpower and the best place in the world to innovate.
Investing in talent and technologies
Commitments include:
- increased investment in technologies of the future, including building on investments in artificial intelligence, quantum technologies and engineering biology.
- a £2 billion talent programme.
- increasing research and innovation infrastructure investment to £1.1 billion a year by 2024 to 2025.
- supercharging innovation, including through Innovate UK with a budget increase to more than £1 billion by 2024 to 2025.
- piloting Innovation Accelerators in Greater Manchester, West Midlands and Glasgow City Region.
- an extra £185 million across UKRI to target global and national challenges, including the move to net zero through a new ‘Building a Green Future’ programme.
- a pilot £65 million investment in new and emerging areas that reach beyond disciplinary boundaries.
- UKRI becoming a more open and agile organisation.
- Read the UKRI corporate plan 2022 to 2025.
