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It is predicted that 60 percent more food will be needed worldwide by 2050 to feed the expanding global population. To meet this demand, government has announced 90 million of new funding to help businesses, reseachers and industry to transform food production.
Transforming food production - part of the Industrial Strategy Challenge Fund
The programme will be led by Innovate UK and the Biotechnology and Biological Sciences Research Council. It is part of government Industrial Strategy Challenge Fund.
4 areas of investment
The fund will go towards 4 areas to:
- create Translation Hubs that bring together businesses, farmers and academics to collaborate on research projects
- support innovation accelerators to explore the potential of new technology and speed up commercialisation
- launch a new research programme to identify and build on export opportunities overseas
- fund demonstrator projects that show how innovative agri-tech ideas can be applied in real-world settings
It was announced today in a speech by Business Secretary Greg Clark to the National Farmers Union.
Support for innovative agri-food projects
UK businesses that are interested in finding out more about the fund as well as other opportunities in agri-food can go to a Knowledge Transfer Network (KTN) industry event.
Here you can:
- get advice on how to access funding
- attend workshops
- hear talks and case studies from previous funding winners
Find out more about the KTN events by visiting the website and searching for agri-food.
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