Funding opportunity to develop next generation services

5 Jul 2018 02:43 PM

Apply now for your chance to get your share of £12 million from the Industrial Strategy Challenge Fund to develop AI and data enabled products and services.

UK business and research organisations can apply for a share of £12 million from the Industrial Strategy Challenge Fund. This is to develop AI and data enabled products and services within accountancy, insurance and legal services.

This competition is part of the Next Generation Services Challenge, which looks to create new opportunities forbusinesses and researchers to work together to develop the next generation of services.

All projects should show how they will address challenges which will delay or adversely impact adoption. For example, this can include issues around ethics, privacy, bias and transparency and how people’s acceptance and behaviours will affect the service transformation.

This is a linked competition. Funding 2 strands:

• Large consortia projects addressing common, sector-wide challenges requiring a co-ordinated approach across, for example, supply chains or regulators. These projects can include academic researchers in social sciences, humanities, computer science and mathematics. These projects need to show significant transformational impact on the sector.
• Smaller projects aiming to apply AI and data techniques in new ways within accountancy, insurance and legal services. These smaller projects can be from single companies or small consortia.

The deadline for applications is Wednesday 15 August 2018,12:00pm. For further information on how to apply, please follow the link here.