Up to £12.5 million
to increase productivity, performance and quality in construction through the
Industrial Strategy Challenge Fund.
This competition has
up to £12.5 million to transform construction by increasing productivity,
performance and quality.
UK organisations can
apply for a share of up to £12.5 million for projects to transform how the
construction sector delivers new buildings.
The funding is
provided by UK Research and Innovation and
delivered through Innovate UK.
There is a shortage
of high-quality housing in the UK and we need more affordable, energy-efficient
and healthier places to live and work. This is creating demand to produce
buildings more quickly, safely and with lower emissions.
For this to happen
there has to be a revolution in the construction sector. Currently it lags
behind other industries for productivity – and hasn’t changed much in more than
40 years.
So through the Industrial
Strategy Challenge Fund government is supporting a transformation of UK
construction.
The £170 million
government investment, matched by £250 million from industry, will create new
construction processes and techniques for building manufacture.
This £12.5 million
funding competition is one element of the programme, which also includes
funding for research, a new construction network and the creation of an active
building centre and innovation hub.
It is a core part of
the Construction
Sector Deal, which sets out its vision for a future-proofed sector that can
provide affordable, energy efficient homes in days or weeks, rather than
months, and at a third of the cost.
The competition
details include:
- It opens on 23 July 2018, and
the deadline for applications is midday on 19 September 2018
- a UK business must lead the
project, working with other businesses, research, public sector or third
sector organisations. At least one SME must be involved
- total project costs can be
between £25,000 and £500,000 for projects that last 6 to 12 months, or
between £250,000 and £1 million if they last 12 to 24 months
- you could attract up to 70%
of your project costs
- projects must start by
December 2018
- as part of the competition
you can attend a briefing event, where you’ll find out more about how to
create and submit a quality application.
