DSIT Download - Autumn Budget edition

DSIT Download - Autumn Budget edition

Welcome to the DSIT Download. In this edition you will find DSIT updates on the Budget, in which the Chancellor announced £20.4 billion in investment for UK R&D to drive economic growth.?


Image of a scientist wearing goggles with samples. Text: "Life Sciences Innovative Manufacturing Fund. Up to £520 million to build resilience for future health emergencies and develop life-saving treatments"

Life Sciences Innovative Manufacturing Fund?

The Chancellor unveiled the?Life Sciences Innovative Manufacturing Fund?(LSIMF), starting with £70 million in grants, as part of a long-term commitment of up to £520 million to secure major life sciences manufacturing investments across the UK.

This fund strengthens the country’s ability to develop and produce life-saving treatments, ensuring quicker access to vital medicines and bolstering NHS stability.

The?LSIMF?is expected to unlock up to £1.8 billion in private investment, supporting thousands of high-skilled jobs and driving economic growth nationwide, while preparing the UK for future health emergencies and enhancing NHS resilience.

See the expression of interest page here.?

Workers in hard hats with a laptop. Wind turbine in the background. Text reads: "R&D Missions Fund. At least £25 million to tackle challenges that affect people’s daily lives, like advancing healthcare and transitioning to cleaner energy"

R&D Missions Programme?

£25 million of initial funding has been announced for the new R&D Missions Programme (RDMP).

This will address specific challenges our National Missions face, such as advancing healthcare and transitioning to cleaner energy.

Partnering with private and third-sector organisations, this initiative aims to turn scientific advancements into real-world benefits, improving public services and quality of life across the UK.

Pile of books with a mortarboard on top. Text reads: "Spin-Out Review Proof of Concept Fund. £40 million to help university researchers take their ideas from labs to markets, creating high-potential start-ups that drive job creation and economic growth"

Spin-Out Review Proof of Concept Fund

To support the UK’s Growth Mission, the government is investing £40 million over five years in a Proof of Concept Fund, to turn pioneering university research into successful companies.

This initiative aids researchers in bringing their innovative ideas to the market, creating high-potential start-ups that drive job creation and economic growth.

Worker with a hardhat using technology. Text reads: "Innovation Accelerators and Made Smarter Innovation Programmes. Investing in high-potential clusters in the Glasgow City Region, Greater Manchester, and the West Midlands to spread the benefits of R&D and support skilled job creation"

Innovation Accelerators and Made Smarter Innovation programmes

The government has extended two key programmes that promote innovation across UK regions and manufacturing for a further year.

The Innovation Accelerator programme will continue for another year, focusing on high-potential clusters in the Glasgow City Region, Greater Manchester, and the West Midlands.

Meanwhile, the Made Smarter Innovation programme will continue to be funded with up to £37 million, and empowers manufacturers to adopt digital technologies, enhancing productivity and sustainability by connecting digital solution providers with industry.??

Network tower. Text reads: "Project Gigabit. At least £500 million over the next year to provide fast, reliable internet access to rural parts of the UK"

Project Gigabit

The government will invest at least £500 million over the next year in Project Gigabit and the Shared Rural Network, accelerating the rollout of digital infrastructure to underserved regions in the UK.

The funding aims to deliver full gigabit coverage by 2030, ensuring fast, reliable internet access for communities and businesses, enabling equal access to digital opportunities nationwide.


Further DSIT announcements?

  • Shared Services Strategy - DSIT will invest up to £80 million to enhance corporate functions across nine government departments. It aims to transform shared services and streamline systems, making them more efficient, modern, and cost-effective, delivering better value for taxpayers.
  • Review of barriers to the adoption of transformative technologies - The government has commissioned a review led by the government Chief Scientific Adviser, Professor Dame Angela McLean, and National Technology Adviser, Dr Dave Smith, to identify barriers to adopting transformative technologies. This review will focus on the high-growth sectors in the government’s Industrial Strategy, aiming to enhance productivity and drive growth to boost the UK economy.

Bob Barker

Researcher - Author - Consultant

2 个月

To Transform Organisations in 2025, carry out some Time Based Analysis now. If you want to transform how an organisation adds value, analysis of what happens now is the starting point, stop and think and carry out some analysis of your existing value adding capability. All organisations exist to add value to products, services or health patients, they convert Inputs to outputs, time and cost are consumed during the process. Yet value adding touch time in non-automotive manufacturing is typically less than 15% per product, (Value adding touch time v Calendar time consumed), in UK Local Government Services I have recorded figures as low as 4%, and in tracking the UK NHS patient journey expect a lowly 8 to 14%. Cost accounting / financial performance measurement cannot see this waste, non-value adding time or untapped potential in an organisation, it simply records the output from a particular system, be it good or poor, most are poor. So in 2025 if you want to improve productivity, reduce cost, improve customer service and survive, please attach yourself to a single product, service or health patient. You can put the results on my time based analysis framework, it is designed to be used by value adding employees not consultants

  • 该图片无替代文字
回复
Suchith Anand

Professor of Science Policy at University of Exeter | Senior Adviser to Governments and International Organisations | Scientist | AI and Data Ethics | Governance | Policy | Global Citizen | SDG Volunteer and Advocate

4 个月

Requesting Alan Turing Institute and all UK universities to join and support the campaign for data ethics in higher education. The Ethical Data Initiative and partners launched a campaign for the inclusion of Data Ethics in Data Science education on a global scale.The Campaign for Data Ethics in Education seeks to highlight the importance of teaching researchers and future data practitioners about the ethical considerations in the collection, use, reuse and storage of data as part of their training. Details at https://ethicaldatainitiative.org/campaign-for-data-ethics-in-education/

回复
Suchith Anand

Professor of Science Policy at University of Exeter | Senior Adviser to Governments and International Organisations | Scientist | AI and Data Ethics | Governance | Policy | Global Citizen | SDG Volunteer and Advocate

4 个月

This webinar on 7th November at 12 noon GMT might be of interest. Webinar registration details at https://www.gatenbysanderson.com/news/webinar-discussion-why-are-there-so-few-black-professors-and-what-can-we-do-about-it/

回复
Maria Luciana A.

Responsible AI Executive and Advisor | Speaker |AI ethics afficionado | NED

4 个月
回复
James Body

Chief Executive Officer @ Telet Research | Mobile Network Operator

4 个月

Looking forward to seeing a little more detail on how the £20.4 billion budget is broken down

要查看或添加评论,请登录

Department for Science, Innovation and Technology的更多文章

社区洞察

其他会员也浏览了