UK registered businesses can apply for a share of up to £1 billion for capital investment and R&D projects that help industrialise the electrified automotive supply chain at scale in the UK.
Programme: Innovate UK
Award: Share of up to £1 billion
Opens: 21st Sep 2020
Closes: 14th Oct 2020
The Automotive Transformation Fund is a new programme that aims to establish a competitive and sustainable UK supply chain.
It offers a share of up to £1 billion of funding for industrial research and capital projects. This will be to support the industrialisation of a high-value, electrified automotive supply at scale in the UK.
This is an expression of interest (EoI) competition. If your application is successful you will be invited to apply to one of the full stage competition strands:
If your project includes both R&D and capital investment you will have to apply for both full stage competitions.
Your project must have a potential automotive application.
Your proposal must prioritise the scale up in areas mentioned in the Automotive Transformation Strategy.
Your project can focus on one or more of the following:
Motors and drives
Only projects which score well against the following criteria will receive funding from the Automotive Transformation Fund:
This competition is not funding R&D that involves:
This competition is not funding capital investments that:
To lead a project or work alone your organisation must:
To collaborate with the lead organisation your organisation must:
There are no restrictions on the number of applications a business or RTO can submit.
UK registered businesses can apply for a share of up to £1 billion to fund innovation projects in this competition.
For industry led research projects, your total grant funding must not exceed 50% of your total eligible project costs. This is regardless of the individual partners’ grant claims. Of that 50%, you could get funding for your eligible project costs of up to:
The research organisations undertaking non-economic activity as part of the project can share up to 30% of the total eligible project costs. If your consortium contains more than one research organisation undertaking non-economic activity, this maximum is shared between them.
Of that 30%, research organisations in the consortium could get funding for their eligible project costs of up to:
If your consortium contains more than one research organisation undertaking non-economic activity, this maximum is shared between them.
Capital projects will be managed through the Automotive Transformation Fund capex team and BEIS.
For capital projects the grant available is dependent on the proposed project and will be determined during the second stage of the application process. The grant requested should be the minimum required to ensure sustainability of the investment.
Further information on the process will be provided at the full stage.