Policy: UKRI Publishes Annual Report

UKRI’s annual report and accounts for the financial year 2022-23 includes a summary of UKRI’s performance and finances and updates on progress against the first year of its strategy.

UK Research and Innovation (UKRI) has published its annual report, providing an update on its performance and finances for financial year 2022-23.

The report covers UKRI and its nine councils and sets out progress against the activities set out in its corporate plan as well as what has been delivered against the six strategic objectives in the first year of UKRI’s strategy: transforming tomorrow together. This includes:

  • People and careers: transforming the way UKRI invests in talent through the creation of a £2 billion collective talent budget.
  • Places: co-developing pilot Innovation Accelerators with the Department for Science, Innovation and Technology and city region partnerships to accelerate the growth of high-potential innovation clusters.
  • Ideas: investing in 6,216 new research and innovation projects across the UK, enabling talented people and teams to pursue their ideas.
  • Innovation: supporting researchers and innovators to leverage the investment they need to commercialise, grow their businesses faster, and access networks and infrastructure to enable effective, cutting-edge innovation across the UK.
  • Impacts: launching the £250 million technology missions fund to secure the UK’s position in technologies of tomorrow, including artificial intelligence, quantum technologies, and engineering biology.
  • World-class organisation: improving the way UKRI works through its organisational change programmes, including early trials of its new funding service to provide a better user experience for applicants for research and innovation funding.

The full UKRI Annual Report and Accounts 2022-23 is available at UKRI’s website.

(This report was the subject of a ResearchConnect Newsflash.)