UK registered businesses can apply for a share of up to £10 million in grant funding for innovation in electric vehicle battery technology.
The ISCF Faraday Battery Challenge will work with Innovate UK, part of UK Research and Innovation, to invest up to £10 million in innovation projects across the Feasibility Study and R&D strands of the Faraday Battery Challenge. These will be to support innovation in the design, development and manufacture of batteries for the propulsion of electric vehicles.
The aim of this competition is to support the research and development of the most promising innovative battery technologies for the propulsion of electric vehicles, building on the outputs of previous activity to accelerate towards commercialisation.
2 types of projects will be encouraged in this competition:
- new projects building on the outputs and outcomes of previously funded Innovate UK projects or activities
- new projects building on internal activity within the organisation
Projects must clearly demonstrate a significant value-add and exploitation from a preceding feasibility study, collaborative research and development project or previous non-grant-funded activity.
InnovateUK is running 2 strands to this competition at the same time:
https://apply-for-innovation-funding.service.gov.uk/competition/725/overview
Funding competition
Faraday Battery Challenge: Innovation R&D, Round 4
UK registered businesses can apply for a share of up to £10 million in grant funding for innovation in electric vehicle battery technology.
Competition opens: Monday 28 September 2020 Competition closes: Wednesday 9 December 2020 11:00am
- Total eligible costs: £300,000-£1,500,000
- 3-12 months duration
https://apply-for-innovation-funding.service.gov.uk/competition/726/overview
Funding competition
Faraday Battery Challenge: Innovation Feasibility Studies, Round 4
UK registered businesses can apply for a share of up to £10 million in grant funding for innovation in electric vehicle battery technology.
Competition opens: Monday 28 September 2020 Competition closes: Wednesday 9 December 2020 11:00am
- Total eligible costs: £100,000-£1,000,000
- 3-12 months duration
How MSC R&D can help
We specialise is helping tech businesses access the funding they need to innovate and grow.
If you are considering applying for a R&D grant, why not talk to us first.
0114 230 8401
