Faraday Battery Challenge: Innovation Feasibility Studies, Round 2
Funder and programme:
Innovate UK – Industrial Strategy Challenge Fund (ISCF)
Project total costs (range):
£ 100,000 – £ 500,000
UK businesses can apply for a share of £2 million to work on innovation projects to design, develop and manufacture batteries for the electrification of vehicles.
This competition is the second round of the Faraday Battery Challenge: Innovation funding to support business led research and development.
Innovate UK will invest up to £2 million in innovation feasibility study projects. Projects should focus on identified technical or commercial challenges in battery innovation, development and manufacture through UK supply chains. These should lead to battery technologies that can be exploited at scale by the automotive sector in the UK and globally. Specifically, Innovate UK is looking to build and create future electric vehicle battery supply chains in the UK.
All projects must be a collaboration between at least 2 partners. A business or research and technology organisation (RTO) must lead the project.
A separate £23 million is available for collaborative research and development projects. This is being run as a linked competition.
Projects should last 3 to 12 months. Innovate UK expects projects to be completed by March 2021.
MSC R&D can help your business develop by supporting you in:
• Identification of appropriate grants and competition calls for proposals
• Partner search for collaborative Research & Innovation
• Bid writing
• Project management
• Audit compliance
• Business Planning
• Market Intelligence reports
If you want help with any of these opportunities, please CONTACT us on 0114 230 8401 or email email@example.com