Question to the Department for Business, Energy and Industrial Strategy:

To ask the Secretary of State for Business, Energy and Industrial Strategy, how much funding has been allocated to (a) each organisation and (b) in total through the Industrial Strategy Challenge Fund to date; and how much match funding from industry that fund has generated.

The Industrial Strategy Challenge Fund (ISCF) is a mission-oriented funding programme. It brings together the UK’s world-leading research base with highly innovative businesses to solve the major industrial and societal challenges. Since its inception in 2017, the ISCF has allocated £2.8 billion of public funding and has garnered £2.8 billion in co-investment commitments from industry.

The ISCF has funded 1,926 unique organisations to date, together these have been awarded grants through UK Research and Innovation (UKRI) with a total value of £1,811 million.