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The UKRI’s management of the Industrial Strategy Challenge Fund

The Industrial Strategy Challenge Fund (ISCF) is a significant part of the government’s commitment to spend £4.7 billion on research and development over four years. The ISCF also supports the ambitions set out in the government’s Industrial Strategy. UK Research & Innovation (UKRI), established in April 2018, is responsible for implementing the ISCF, which is funded by the Department for Business, Energy & Industrial Strategy.

Our study will look at UKRI’s management of the ISCF. It will focus on the design of the ISCF, oversight of the implementation of the ISCF, and the approach taken to considering performance and progress.  

If you would like to provide evidence for our study please email the study team on enquiries@nao.org.uk, putting the study title in the subject line. The team will consider the evidence you provide; however, please note that due to the volume of information we receive we may not be able to respond to you directly.