l{"id":1267510,"date":"2023-08-26T04:00:41","date_gmt":"2023-08-26T03:00:41","guid":{"rendered":"https:\/\/www.businesstelegraph.co.uk\/taking-bold-bets-new-uk-agency-prepares-to-fund-breakthrough-technologies\/"},"modified":"2023-08-26T04:00:41","modified_gmt":"2023-08-26T03:00:41","slug":"taking-bold-bets-new-uk-agency-prepares-to-fund-breakthrough-technologies","status":"publish","type":"post","link":"https:\/\/www.businesstelegraph.co.uk\/taking-bold-bets-new-uk-agency-prepares-to-fund-breakthrough-technologies\/","title":{"rendered":"Taking \u2018bold\u2019 bets: new UK agency prepares to fund breakthrough technologies"},"content":{"rendered":"<p> <script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- newscabal uk text -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:728px;height:90px\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"3688094655\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>Receive free Science updates<\/p>\n<p class=\"article__content-sign-up-topic-description\"><span>We\u2019ll send you a <i>myFT Daily Digest<\/i> email rounding up the latest<!-- --> <!-- -->Science<!-- --> news every morning.<\/span><\/p>\n<p><iframe class=\"article__content-sign-up-iframe close\" scrolling=\"no\" id=\"signUpIframe\" data-prev-url=\"\/register\/in-article-sign-up?ft-content-uuid=c32a974b-f0b1-4b4a-bfc3-a35f3beccac2&amp;concept-id=8d4527a2-461b-4b5d-a0d8-37b48049d1d5\"><\/iframe><\/div>\n<div data-attribute=\"article-content-body\">\n<p>A new UK government agency set up to transform science by supporting high-risk, high-reward research is emerging from stealth mode with the aim of achieving a \u201cworld changing impact\u201d, according to its chief executive.<\/p>\n<p>Ilan Gur outlined ambitious plans for the \u00a3800mn UK Advanced Research and Invention Agency (Aria), which is seeking to invest in breakthrough technologies in fields from <a href=\"https:\/\/www.ft.com\/artificial-intelligence\" data-trackable=\"link\">artificial intelligence<\/a> and computing to neuroscience and materials science.<\/p>\n<p>In the first interview since his appointment to Aria, Gur told the Financial Times that much of the agency\u2019s success or failure would depend on its eight newly appointed programme directors who will select and fund projects. They will each have a budget of about \u00a350mn.<\/p>\n<p>Aria expects to unveil the identities of the directors next month and Gur said: \u201cThey are empowered to take bold, not safe bets. We have an opportunity here to create something that could have a world-changing impact for future generations.\u201d <\/p>\n<p>The establishment of Aria has been inspired by organisations in the US: the Defense Advanced Research Projects Agency (Darpa) and the Advanced Research Projects Agency-Energy (Arpa-E).<\/p>\n<p>Darpa\u2019s inventions include the key technologies behind the internet, satellite navigation and voice recognition. The achievements of Arpa-E range from sophisticated batteries to materials for nuclear fusion reactors. <\/p>\n<p>These US agencies have programme managers taking decisions on the selection and funding of projects similar to the roles envisaged at Aria \u2014 there are no jobs at existing UK public research bodies with this level of freedom and flexibility.<\/p>\n<p>\u201cI was overwhelmed by the quality of the people who responded to our call for candidates,\u201d said Gur, who joined Aria one year ago after a career in the US with start-up businesses and a spell at Arpa-E. \u201cWe have an incredible group who come from very different disciplines.\u201d <\/p>\n<p>The projects for which Aria provides funding will range across science, technology and engineering. They will involve scientists and engineers right across the UK research landscape \u2014 universities and public laboratories, start-ups and large companies \u2014 and some are expected to include collaborative funding with other agencies. <\/p>\n<p>Gur and his colleagues at Aria are debating how they should tackle <a href=\"https:\/\/www.ft.com\/ai-explainer\" data-trackable=\"link\">AI<\/a>. One idea is to find an alternative computing technology to carry out AI, instead of the silicon semiconductors used exclusively today at a high cost in terms of energy consumption and climate change impact.<\/p>\n<p>\u201cSilicon isn\u2019t the only way to do computation,\u201d Gur said. \u201cIt happens in nature tens of thousands of times faster, for example in the brain.\u201d<\/p>\n<figure class=\"n-content-image n-content-image--full\" style=\"width: 700px; max-width: 100%;\">\n\t\t\t\t<picture><source  media=\"(min-width: 1220px)\"><source  media=\"(min-width: 980px) and (max-width: 1219px)\"><source  media=\"(min-width:491px) and (max-width: 979px)\"><source  media=\"(max-width: 490px)\"><img decoding=\"async\" src=\"https:\/\/www.businesstelegraph.co.uk\/wp-content\/uploads\/2023\/08\/Taking-\u2018bold-bets-new-UK-agency-prepares-to-fund-breakthrough.jpg\" data-id=\"https:\/\/api.ft.com\/content\/da030bd5-271b-4965-907e-d4ae45778638\" data-image-type=\"image\" data-original-image-width=\"1961\" data-original-image-height=\"1307\" alt=\"Kate Bingham, Patrick Vallance (both Aria Board members) and Ilan Gur, chief executive of Aria, on stage at the Hay Festival 29 May 2023\"\/><\/source><\/source><\/source><\/source><\/picture><figcaption class=\"n-content-image__caption\">\n\t\t\t\tFrom left: Kate Bingham, Patrick Vallance (both Aria Board members) and Ilan Gur, chief executive of Aria, on stage at the Hay Festival in May \u00a9 Sam Hardwick\/Hay Festival<br \/>\n\t\t\t<\/figcaption><\/figure>\n<p>The Aria team is considering whether an entirely new way of computing could be created specifically for AI rather than for general purpose computing. \u201cWe are exploring this area but we don\u2019t know exactly what programme will come out of it,\u201d he added.<\/p>\n<p>Although Dominic Cummings, who served as chief adviser to former prime minister Boris Johnson, is widely regarded as the person who pushed the government to create Aria, Gur knew little about him before he took up the job.<\/p>\n<p>\u201cSince I arrived here [Cummings] has come up a lot,\u201d he said. \u201cWhat is great for me is that just about everyone I\u2019ve talked to across different parts of the research community and across the political spectrum seems not only to be excited about Aria but to understand why it is important and why it is structured the way it is.\u201d Cummings has not been in touch with him, Gur added. <\/p>\n<p>The government and Aria\u2019s founding team have <a href=\"https:\/\/www.ayming.co.uk\/insights\/opinion\/aria-failure-to-launch\/\" target=\"_blank\" rel=\"noreferrer noopener\" data-trackable=\"link\">faced criticism<\/a> for not getting the agency going more quickly.<\/p>\n<p>Plans to create Aria were announced in 2019, the initial four-year budget of \u00a3800mn was outlined in 2020, legislation to establish the agency received royal assent in 2022, and Gur was appointed last year. Then Aria was formally established as an independent research body in January.<\/p>\n<p>But Gur said taking time to get Aria right was essential. The US model could not be transplanted straight to the UK without modification and the correct foundations had to be built \u2014 not only the programme directors and other core staff but also Aria\u2019s governance structure.<\/p>\n<figure class=\"n-content-image n-content-image--full\" style=\"width: 700px; max-width: 100%;\">\n\t\t\t\t<picture><source  media=\"(min-width: 1220px)\"><source  media=\"(min-width: 980px) and (max-width: 1219px)\"><source  media=\"(min-width:491px) and (max-width: 979px)\"><source  media=\"(max-width: 490px)\"><img decoding=\"async\" src=\"https:\/\/www.businesstelegraph.co.uk\/wp-content\/uploads\/2023\/08\/1693067529_70_Taking-\u2018bold-bets-new-UK-agency-prepares-to-fund-breakthrough.jpg\" data-id=\"https:\/\/api.ft.com\/content\/68ce9f08-38ba-43fb-a26c-edea66ecc140\" data-image-type=\"image\" data-original-image-width=\"2074\" data-original-image-height=\"1383\" alt=\"People inside The Alan Turing Institute\"\/><\/source><\/source><\/source><\/source><\/picture><figcaption class=\"n-content-image__caption\">\n\t\t\t\tInside The Alan Turing Institute, where Aria has a temporary base \u00a9 The Alan Turing Institute<br \/>\n\t\t\t<\/figcaption><\/figure>\n<p>The nine person board is chaired by Matt Clifford, chief executive of Entrepreneur First, a business which helps people to found new companies. Aria\u2019s directors also include the venture capitalist <a href=\"https:\/\/www.ft.com\/stream\/496d79e9-dd68-47de-950e-8aa41a635a4c\" data-trackable=\"link\">Kate Bingham<\/a>, former head of Britain\u2019s vaccines task force, and <a href=\"https:\/\/www.ft.com\/stream\/d3cdf58b-354c-43ae-9f1c-c3a313d8890b\" data-trackable=\"link\">Patrick Vallance<\/a>, the former UK chief scientific adviser. Aria is based at the Alan Turing Institute, the national centre for AI research, in the British Library. <\/p>\n<p>Aria\u2019s initial budget of \u00a3200mn a year seems small both as a proportion of government research spending, which is due to reach \u00a320bn annually by 2024, and in comparison with its US counterparts. Arpa-E received $470mn this year for advanced energy research, while Darpa spends $4bn annually on breakthrough projects for national security.<\/p>\n<p>But Gur was confident that \u201cas a catalyst\u201d Aria will have enough money to work wonders.<\/p>\n<p>\u201cOur programmes will magnify and amplify the UK\u2019s excellent existing <a href=\"https:\/\/www.ft.com\/science\" data-trackable=\"link\">science <\/a>and engineering assets as a sort of force multiplier,\u201d he said. \u201cAria is meant to operate on a decadal timescale and our budget allocation for four or five is enough to get started and achieve some early proof points that Aria is working.\u201d<\/p>\n<p>Gur did not reprise the government\u2019s ambitions for the UK to be a \u201c<a href=\"https:\/\/www.ft.com\/content\/248f24e3-e29f-4a9d-a738-8d43184b517a\" data-trackable=\"link\">science superpower<\/a>\u201d but he recognised that part of Aria\u2019s mission was to benefit the UK.<\/p>\n<p>\u201cI have an eight-year-old and a 10-year-old,\u201d he said. \u201cSuccess for me will be that, when they grow up, they should be able to look around the UK and see something really powerful \u2014 perhaps a new industry that has taken root \u2014 that was enabled by technology that Aria catalysed.\u201d<\/p>\n<p><experimental><\/p>\n<div class=\"n-content-layout\" data-layout-name=\"card\" data-layout-width=\"fullWidth\">\n<div class=\"n-content-layout__container\">\n<h2 id=\"who-is-ilan-gur-0\" class=\"n-content-heading-4\">Who is Ilan Gur?<\/h2>\n<div class=\"n-content-layout__slot\" data-slot-width=\"true\">\n<p>Ilan Gur had spent his whole life in the US before moving to London with his family last year to become head of the UK Advanced Research and Invention Agency. <\/p>\n<p>The 43-year-old grew up in Pittsburgh and completed a PhD at the University of California Berkeley in materials science and engineering.<\/p>\n<p>Gur founded two start-up companies in Silicon Valley. The first, Solexant, created new materials for solar cells. The second, Seeo, focused on next generation battery materials and was later acquired by Bosch.<\/p>\n<p>He served as programme director for the US Advanced Research Projects Agency-Energy between 2011 and 2014. <\/p>\n<p>Gur then set up Activate, a non-profit organisation based in Berkeley, which helps scientists and engineers turn their research into products and businesses. <\/p>\n<p>Under Gur\u2019s leadership, Activate played a role in the creation of more than 100 science-based start-ups, particularly in climate technology fields such as carbon capture and energy storage. <\/p>\n<\/div>\n<\/div>\n<\/div>\n<p><\/experimental><\/div>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block; text-align:center;\"\r\n     data-ad-layout=\"in-article\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"7859258044\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/www.ft.com\/content\/c32a974b-f0b1-4b4a-bfc3-a35f3beccac2\">READ SOURCE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Receive free Science updates We\u2019ll send you a myFT Daily Digest email rounding up the latest Science news every morning. A new UK government agency set up to transform science by supporting high-risk, high-reward research is emerging from stealth mode with the aim of achieving a \u201cworld changing impact\u201d, according to its chief executive. Ilan [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1267512,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_oct_exclude_from_cache":false,"footnotes":""},"categories":[3],"tags":[],"class_list":["post-1267510","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v23.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Taking \u2018bold\u2019 bets: new UK agency prepares to fund breakthrough technologies - Business Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.ft.com\/content\/c32a974b-f0b1-4b4a-bfc3-a35f3beccac2\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Taking \u2018bold\u2019 bets: new UK agency prepares to fund breakthrough technologies - Business Telegraph\" \/>\n<meta property=\"og:description\" content=\"Receive free Science updates We\u2019ll send you a myFT Daily Digest email rounding up the latest Science news every morning. A new UK government agency set up to transform science by supporting high-risk, high-reward research is emerging from stealth mode with the aim of achieving a \u201cworld changing impact\u201d, according to its chief executive. Ilan [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.ft.com\/content\/c32a974b-f0b1-4b4a-bfc3-a35f3beccac2\" \/>\n<meta property=\"og:site_name\" content=\"Business Telegraph\" \/>\n<meta property=\"article:published_time\" content=\"2023-08-26T03:00:41+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.businesstelegraph.co.uk\/wp-content\/uploads\/2023\/08\/1693067679_Taking-\u2018bold-bets-new-UK-agency-prepares-to-fund-breakthrough.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"506\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"businesstelegraph\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"businesstelegraph\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.ft.com\/content\/c32a974b-f0b1-4b4a-bfc3-a35f3beccac2#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/taking-bold-bets-new-uk-agency-prepares-to-fund-breakthrough-technologies\/\"},\"author\":{\"name\":\"businesstelegraph\",\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/#\/schema\/person\/0a3a6a0f58402f1f2af94e02d0987b78\"},\"headline\":\"Taking \u2018bold\u2019 bets: new UK agency prepares to fund breakthrough technologies\",\"datePublished\":\"2023-08-26T03:00:41+00:00\",\"dateModified\":\"2023-08-26T03:00:41+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/taking-bold-bets-new-uk-agency-prepares-to-fund-breakthrough-technologies\/\"},\"wordCount\":1182,\"publisher\":{\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/#organization\"},\"image\":{\"@id\":\"https:\/\/www.ft.com\/content\/c32a974b-f0b1-4b4a-bfc3-a35f3beccac2#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.businesstelegraph.co.uk\/wp-content\/uploads\/2023\/08\/1693067679_Taking-\u2018bold-bets-new-UK-agency-prepares-to-fund-breakthrough.jpg\",\"articleSection\":[\"finance\"],\"inLanguage\":\"en-GB\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/taking-bold-bets-new-uk-agency-prepares-to-fund-breakthrough-technologies\/\",\"url\":\"https:\/\/www.ft.com\/content\/c32a974b-f0b1-4b4a-bfc3-a35f3beccac2\",\"name\":\"Taking \u2018bold\u2019 bets: new UK agency prepares to fund breakthrough technologies - 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A new UK government agency set up to transform science by supporting high-risk, high-reward research is emerging from stealth mode with the aim of achieving a \u201cworld changing impact\u201d, according to its chief executive. 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