Money well spent: an evaluation of the Transforming Construction Challenge

By Sam Stacey 2022-04-14T07:00:00

Over four years ago we had a vision to fund R&D in construction, and now we are seeing a return on that investment, says UKRI’s Sam Stacey

When the UK’s industrial strategy was launched in 2017, the then secretary of state Greg Clark proclaimed that we were “at one of the most important, exciting and challenging times in the history of global enterprise.” He noted that Britain was extraordinarily well placed to benefit from the new industrial revolution.

The construction sector was one of those selected to lead the charge with the funding of the Transforming Construction Challenge.The initial investment of £170m from UK Research and Innovation, has been surpassed by £250m of funding from industry. The recently released independent evaluation of the challenge’s impact by Frontier Economics reveals what has been achieved.

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