BEIS has produced the 8th SIA update note which is printed below:
We are pleased to be able to share with you that the consortia undertaking the second wave of SIAs has been announced as part of the Autumn Statement they are:
- Bioeconomy of the North of England
- East of England
- Glasgow Economic Leadership
- Innovation South
- Leeds City Region
- Liverpool City Region +
- Off-Shore Energy
- Oxfordshire Transformative Technologies Alliance
We look forward to working with these groups to support them to generate some really interesting and informative evidence.
We are also pleased to be opening the 3rd call for expressions of interest; this call will be open until 13 January 2017.
We are open to considering submissions from both the geographies and sectors/technologies not yet covered as well as any reconfigured geographies from the first two waves covering new sectors or technologies.
To be kept updated on the science and innovation audits please email: ScienceInnovationAudits@beis.gov.uk
We are pleased to share with you key messages from today’s Autumn Statement [link], and the PM’s speech at the CBI on Monday [link]. This demonstrates a real commitment by Government to science, research and innovation, recognising its importance to the future of our economy and the benefits it can bring. As a key part of our Industrial Strategy we need to build on the UK’s world class research base to develop new technologies that have the potential to transform existing industries and create entirely new ones. As we work to establish UKRI, it has been instrumental in our thinking to secure this additional investment, and we would expect it to play a central role in delivering it too.
- investing an extra £2 billion a year in R&D by the end of this Parliament, including A new Industrial Strategy Challenge Fund (ISCF) to back priority technologies
- a review of the support for organisations undertaking research through the tax system, looking at the global competitiveness of the UK offer.
- A review of SBRI, led by David Connell
- Patient Capital Review led by the Treasury that will examine how we can break down the obstacles to long-term investment in innovative firms.
- British Business Bank (BBB) will invest an additional £400m in venture capital funds to unlock up to £1bn of new investment in innovative companies looking to scale up.
- Northern Powerhouse Strategy: we have published a strategy which sets out our strategic vision for delivering the Northern Powerhouse and the actions we are taking to make this happen, focussing on addressing key productivity barriers. We are providing over £500m for vital local projects from the Local Growth Fund
- Midlands Engine Strategy: The Strategy will set out the priorities for delivering the Midlands Engine as a key part of the Government’s Industrial Strategy. It sets out government’s commitments and next steps on the following areas: ‘connectivity’, ‘skills and employment’, ‘enterprise and innovation’, ‘trade and investment’ and ‘housing and quality of life’.