This agency will be modelled on the U.S. organisation, setting out that it would invest £800m over five years to fund this.
For over five decades ARPA organisations in the United States have been at the forefront of conducting cutting edge research. APRA focuses on producing innovation in an agile, fail fast environment, with government acting as a key customer for the outcomes of successful projects.
The creation of a similar model in the UK presents an opportunity to fund riskier but higher reward research, while providing a new boundary pushing model and culture for government supported innovation. If done right, the agency can help develop the UK’s brand for innovation, attract the best and brightest talent, as well as tackle the challenges we face through high impact R&D.
To support government as it looks to develop its proposals, the CBI has developed a position paper setting out key priorities it must focus on to ensure the success