New funds for local leaders to unlock jobs and boost innovation across the country

New funds for local leaders to unlock jobs and boost innovation across the country

Local leaders across the country can now bid for support of up to £20 million each in a new competition, as the government backs regional expertise to deliver cutting-edge research that could save lives and create jobs.

Research funding body UK Research and Innovation (UKRI) is inviting a broad range of local and regional partnerships to bid for government funding to support research and innovation projects in their area through the Local Innovation Partnerships Fund. The competition will back partnerships that can turn existing research breakthroughs into practical solutions that create jobs and improve people’s lives, supporting the government’s Plan for Change.

The fund is designed to help regions across the UK build on their existing strengths – whether that is developing technology that helps doctors diagnose diseases faster, creating cleaner transport solutions, or discovering innovations that spawn entirely new industries.

This funding forms part of the record £86 billion R&D settlement until 2030 and represents a key pillar of the government’s modern Industrial Strategy, supporting high-growth sectors in every region. For areas ready to unlock their innovation potential, this competition offers a transformative opportunity to secure the partnerships and investment needed to drive growth and improve lives across the country.

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