UK businesses can apply for a share of up to £19 million across 2 strands for collaborative projects that develop supply chains for power electronics, machines and drives in the UK. This listing includes details for Strand 1 & 2.
Programme: Innovate UK
Award: Share of up to £19 million
Opens: 29th Jul 2019
Closes: 25th Sep 2019
Innovate UK, part of UK Research and Innovation, will invest up to £19 million across 2 strands in innovation projects to support the creation, development and scale up of supply chains in power electronics, machines and drives (PEMD) in the UK. This is the first competition as part of a new Industrial Strategy Challenge Fund: Driving the Electric Revolution.
The aim is to support the transition towards a low carbon future in transport, energy and industry.
The aim of this competition is to fill gaps in the UK component supply chain for PEMD and develop innovative manufacturing and process solutions to enable capability in the UK supply chain.
As part of the Driving the Electric Revolution challenge, Innovate UK are looking for supply chain focused projects. These projects should address clear and immediate commercial opportunities in PEMD in the 7 sectors:
Your proposal and your consortium must demonstrate clearly how you can deliver an improved supply chain as a result of the project.
The competition is not about technology development at a component level – other funding programmes exist to support that type of innovation.
Projects that develop solutions for more than one sector are encouraged but it is not a fixed requirement.
Your project must build a credible and scalable supply chain in the UK, or demonstrate an improvement in an existing one.
Your project can focus one or more of the following:
To lead a project your organisation must:
To collaborate with the lead your organisation must:
The lead and at least one other organisation must claim funding.
Your project can include partners that do not receive any of this competition’s funding, for example non-UK businesses. Their costs will count towards the total eligible project costs.
Up to £19 million has been allocated to funding innovation projects across 2 strands in this competition.
Strand 1 – Your project’s total eligible costs must be between £1 million and £3 million.
Strand 2 – Your project’s total eligible costs must be between £250,000 and £1 million.
Your project’s total eligible costs must be at least 50% match funded. In addition to the match funding, projects must also state in their bids how much follow on investment is expected in the 24 months following project completion and how this will be reported to Innovate UK.
For industrial research projects, you could get funding of:
For experimental development projects which are nearer to market, you could get funding of:
Innovate UK are only looking to fund projects that can start rapidly. Projects must start within 3 months of notification. They can last up to 12 months.
Innovate UK are not funding: