An “Innovation Challenge Fund” of £3 Million has been launched by the government of United Kingdom (UK) in India. The newly launched fund aims to support research and development (R&D) proposals to address the challenges posed to the economy and the environment, by the COVID-19 pandemic. Hence, the fund will help scientists in academia and industry to address the COVID-19 pandemic and climate change.
Innovation Challenge Fund requests tech innovators having links with the AI-Data cluster in Karnataka and the Future Mobility cluster in Maharashtra, to present research and development plans for tackling Covid-19 or which encourages a greener planet. This will help to catalyse innovation and technology, which will address global challenges to drive innovation-led inclusive growth.