Key Features
UK registered businesses can apply for a share of up to £10 million for innovation in battery technologies for electrification. This funding is from the Faraday Battery Challenge.
Programme: Innovate UK
Award: Share of up to £10 million
Opens: 16th May 2023
Closes: 12th Jul 2023
Innovate UK, part of UK Research and Innovation, will invest up to £10 million in innovation projects across the two strands of this competition. This funding is from the Faraday Battery Challenge (FBC).
The Faraday Battery Challenge (FBC) aims to ensure:
The aims of this competition are to:
Your project must balance specific technical, market, and business requirements for developing and emerging technologies, and enable UK competitiveness across the battery value chain.
You must demonstrate how your technology will address at least one of the following battery performance metrics:
Innovate UK are particularly interested in funding projects that will enable:
For feasibility studies we encourage applications that:
Where this could have a transformational effect for example on cost, performance or sustainability.
Your project must target performance requirements for automotive applications. This includes:
Your project can:
You must clearly demonstrate your understanding of the performance synergies and route to market in your application.
Your project must focus on one or more areas of the battery value chain:
Your project activities may require one of the following:
Innovate UK will fund feasibility projects, as defined in the guidance on categories of research.
Your project must:
You must only include eligible project costs in your application.
Under current restrictions, this competition will not fund any procurement, commercial, business development or supply chain activity with any Russian and Belarusian entity as lead, partner or subcontractor. This includes any goods or services originating from a Russian and Belarusian source.
To lead a project your organisation must:
To collaborate with the lead, your organisation must be one of the following UK registered:
Each partner organisation must be invited into the Innovation Funding Service by the lead to collaborate on a project. Once accepted, partners will be asked to login or to create an account and enter their own project costs and complete their own Project impact questions into the Innovation Funding Service.
To be an eligible collaboration, the lead and at least one other organisation must apply for funding when entering their costs into the application.
To collaborate with the lead, your organisation must be one of the following UK registered:
Each partner organisation must be invited into the Innovation Funding Service by the lead to collaborate on a project. Once accepted, partners will be asked to login or to create an account and enter their own project costs and complete their own Project impact questions into the Innovation Funding Service.
To be an eligible collaboration, the lead and at least one other organisation must apply for funding when entering their costs into the application.
Subcontractors are allowed in this competition.
Subcontractors are not considered to be collaborators.
Subcontractors should be used to procure products or services to enhance the project and should not be used in substitution of genuine collaboration.
Projects with excessive numbers of subcontractors in a project which does not represent genuine collaboration will not be funded.
Subcontractors can be from anywhere in the UK and you must select them through your usual procurement process.
You can use subcontractors from overseas but must make the case in your application as to why you could not use suppliers from the UK.
You must provide a detailed rationale, evidence of the potential UK contractors you approached and the reasons why they were unable to work with you. We will not accept a cheaper cost as a sufficient reason to use an overseas subcontractor.
All subcontractor costs must be justified and appropriate to the total project costs.
A UK registered business, can lead and be included as a collaborator on any number of applications.
An academic institution, RTO, charity, not for profit or public sector organisation can collaborate on any number of applications.
You can use a previously submitted application to apply for this competition. It is expected that previously submitted applications will be suitable for the timeframe of this competition.
Innovate UK are not funding projects that are:
Innovate UK cannot fund projects that are:
Up to £10 million has been allocated, across both strands of this competition, to fund innovation projects. Funding will be in the form of a grant.
If your organisation’s work on the project is commercial or economic, your funding request must not exceed the limits below. These limits apply even if your organisation normally acts non-economically but for the purpose of this project will be undertaking commercial or economic activity.
Feasibility studies
For feasibility studies, you could get funding for your eligible project costs of:
Research participation
The research organisations undertaking non-economic activity as part of the project can share up to 50% 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 50% you could get funding for your eligible project costs of up to:
Book an appointment to speak to one of our advisors to discuss your eligibility to apply for this Grant Funding opportunity.