Businesses can apply for a share of £19 million of Innovate UK funding to develop supply chain processes that will help to deliver electrification in the UK.
The UK will need to switch to electrification across many sectors, from automotive to energy distribution, in order to meet its carbon reduction targets.
This change also represents a significant global opportunity for UK businesses making the power electronics, machines and drivers that will be required.
There is up to £19 million from the Industrial Strategy Challenge Fund to invest in projects that support the creation, development and scale-up of supply chains in power electronics, machines and drivers.
Projects should address commercial opportunities in one or more of these sectors:
- aerospace
- automotive
- energy generation and distribution
- industrial (production equipment)
- marine
- off highway (construction, agricultural equipment)
- rail.
Funding
The competition has two strands:
- Larger projects with total costs between £1 million and £3 million
- Smaller projects with total costs between £250,000 and £1 million.
Closing date
This competition closes on 25 September 2019 at 12 noon.
Find out more
Visit the Innovate UK website to find out more.
A briefing event will be held in Belfast on 8 August 2019 at the NIACE Centre (Northern Ireland Advanced Composites and Engineering Centre).