About UKRI
We are at one of the most important, exciting and challenging times in the history of global enterprise.
Powered by new technologies, the way we live our lives as workers, citizens and consumers is being transformed across the world. Britain is extraordinarily well-placed to benefit from this new industrial revolution. We are an open enterprising economy, built on invention, innovation and competition. Our universities and research institutions are among the best in the world.
Research and Development (R&D) has a central role to play in responding to the challenges we face and taking full advantage of the opportunities they offer. It is core to the successful delivery of the four Grand Challenges identified in the Industrial Strategy, which aim to put the UK at the forefront of tackling global seismic transitions – in AI & Data, Clean Growth, Ageing Society and Future of Mobility – and grow the industries of the future. Recognising this transformational potential, the government, in creating UKRI, has positioned research and development at the heart of the Industrial Strategy, committing an additional £7 billion by 2021-22 and setting an ambitious target to increase total investment in R&D to 2.4% of GDP by 2027.
If you are an exceptional Chief Financial Officer, able to drive change and keen to help UKRI drive the government’s Industrial Strategy, we would love to hear from you.
UKRI Year One in Numbers
Since its launch in May 2018, UK Research and Innovation has:
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awarded approximately 4,600 research and innovation grants
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supported 24,000 projects, 1,400 fellowships, 27,000 studentships
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supported over 4,000 organisations - 134 higher education institutes, and in excess of 3,500 private companies
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has around 5,000 project partners, contributing £1bn
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made a large contribution to the Industrial Strategy, investing £600million this year in research and development from the National Productivity Investment Fund
UKRI has ambitious delivery plans, aiming to work with its partners to ensure that world-leading research and innovation continues to flourish in the UK.
