The Engineering and Physical Sciences Research Council put out its 2016-20 delivery plan to consultation at the end of 2015. On 2nd February EPSRC published an update to the draft plan, which sets out four areas that it intends to focus on over the next five years:
Ambitions have been developed within each area, which will form the framework for its Delivery Plan. These ambitions will help determine the challenge-led aspect of its portfolio. EPSRC funding will still be accessed through the usual entry points of its capability disciplines, which include Mathematics, Physical Sciences, ICT and Engineering and decisions will still be taken on excellence.
A brief definition of each area and associated ambitions can be found here. These ambitions are provisional and will remain so until EPSRC receives its budget allocation for 2016-2020, when it can definitively prioritise its plans.