United Kingdom ICT Advanced Research and Invention Agency Launched
The UK Advanced Research and Invention Agency (ARIA), a new independent research body to fund high-risk, high-reward scientific research, has formally launched.
ARIA has been formally established in late January 2023 to identify and fund transformational science and technology at speed.
The Agency is a key part of the UK government’s plans to build a better future with innovation at the heart of growing the economy and improving lives. The UK has indeed committed to a $48 billion public R&D budget in its Spending Review, alongside the creation of ARIA.
ARIA has been set up as a $1 billion global super lab to fund transformational discoveries through frontier science and technology. Specifically ARIA will offer a $60 million+ budget for a 3-5 years project. The Agency is focused on attracting global scientific and entrepreneurial talent. Its remit is similar to U.S.-based ARPA.
For more information, contact Claudia Colombo.