Freight Innovation Fund Accelerator 2024

The Freight Innovation Fund Accelerator will support up to 10 SMEs to trial solutions in real-world environments, solving freight sector challenges.

Opportunity Details

When

Registration Opens

23/10/2023

Registration Closes

26/11/2023

Award

Up to 10 SMEs will be selected to trial their solutions in real-world environments to help solve pressing challenges within the freight sector in a 6-month programme, with up to £150,000 of grant funding each (match funding of up to 30% required, this can be in-kind).

Organisation

DFT

Share this opportunity

The UK Government has committed to a dedicated £7m cross-modal Freight Innovation Fund (FIF) as part of the Future of Freight strategy, which sets out the Government’s long-term vision for the UK freight sector. Funded by the Department for Transport (DfT) and delivered through Connected Places Catapult, the Freight Innovation Fund is a multi-faceted programme which will accelerate the adoption of commercially ready solutions into the sector.

The Freight Innovation Fund Accelerator will support up to 10 Small and Medium-sized Enterprises (SMEs) to trial their solutions in real-world environments to help solve pressing challenges within the freight sector. The SMEs will be selected by the DfT and Connected Places Catapult to join a 6-month programme, where each of them can access up to £150,000 of grant funding to trial their solutions.

SMEs have two options when applying to the programme:

  • Apply to be matched with an industry partner

    Connected Places Catapult will work with industry partners, who will provide access to testing environments and internal expertise. They will also play an active role in the SME selection as part of the due diligence process.

    The industry partners supporting the accelerator programme are Maritime TransportFreightlinerWincantonFedEx ExpressPortsmouth International Port and Port of Tyne. If you would like to get additional details about the programme partners, their motivations, potential trial facilities and resources available, you can view them here.

  • Apply with your own Industry Partner

    The Connected Places Catapult also welcome applications from SMEs who already have a partner they wish to trial their solutions with and can offer access to testbed facilities.

  • The competition is open to Small and Medium-sized Enterprises (SMEs) only.

    At the point of application:

    • You must be an SME
    • You must have registered a UK company address
    • You must have operations in the UK
    • You must be willing to test in a real-world environment
    • You must be able to address at least one of the accelerator challenge statements
    • You must have an innovative solution at Technology Readiness Level (TRL) 5 +

    For details of the challenges and possible solution technologies, see below.

    • Large reductions in machinery fuel consumption, or technologies that support immediate adoption of alternative power sources.
    • Flexible Material Handling Equipment/plant that can be used with multiple types of difficult to handle goods – especially construction freight.
    • Improvements to depot movement and rail freight loading vehicles’ speed and efficiency.
    • Improvements to cranes, straddle carriers, and reach stackers’ speed, accuracy, and consistency of output.
    • Reduction or elimination of accidents and damages through new technologies or automation.
    • Containment solutions that significantly improve loading and unloading times.
    • Equipment that supports optimal use of loading capacity, and/or more efficient brokerage of capacity.
    • Containers with quicker, safer access points for use on rail and other modes.
    • Containers or adaptations especially suited for construction freight.
    • Containers which are suitable for road and rail that improve capacity of other solutions such as pallets and tote boxes.
    • Containment Identification recording and tracking solutions, especially systems/arrays that are extremely accurate and reliable within outdoor depot spaces.
    • Spatial monitoring and movement or storage optimisation hardware.
    • Safety and monitoring systems that prevent fire, hazards, and damage.
    • Improved short-term temporary depot innovations for small and large projects, including loading/ unloading technologies that are less capital intensive than permanent facilities, but more efficient and effective than current short-term yellow machinery approaches.
    • Innovations that can support big peaks and troughs in depot demand.
    • Responding to vehicles in waiting by creating on-demand depots or flexible expansions to depots.
    • Expanding capacity via increased depot possibilities on existing routes, including road-rail interchanges on spurs and sidings.
    • Adaptations that support noiseless terminal operations, or significant reductions in dust.
    • New vehicle types that can rely on existing infrastructure.
    • Expanding freight carrying abilities to existing e-mobility and micro-mobility vehicles.
    • Improvements to existing freight carrying e-mobility and micro-mobility vehicles.
    • New light-touch interchanges that unlock the potential of micro-mobility to connect to existing major modes without extensive machinery.
    • New freight vehicles or adaptations that are suitable for urban and rural areas.
    • Better food and drink courier vehicles, and new, sustainable, and electric modes.
    • Funding: Access up to £150k in grant funding + 30% of total project costs in in-kind match funds from SMEs
    • Trial Support: This could include, but is not limited to trial design training, deployment support, trial monitoring and evaluation support.
    • Investment Support: One-to-one sessions with an experienced investment coach.
    • Marketing Support: One-to-one sessions with an experienced marketing coach.
    • Demonstration Day: An opportunity to showcase the success of your trials and meet investors, industry leaders, Government and academia at the end of the programme.
    • Business Development:
      Business development opportunities and introductions to potential customers.
    • Membership of the Freight Innovation Cluster
  • The Connected Places Catapult will hold an application support webinar on Wednesday 1 November, 10am-11am: click here to register for a place.

    If you would like help to find an industry partner or project partner, contact Innovate UK KTN’s Transport team.

Close

Connect with Innovate UK Business Connect

Join Innovate UK Business Connect's mailing list to receive updates on funding opportunities, events and to access Innovate UK Business Connect's deep expertise. Please check your email to confirm your subscription and select your area(s) of interest.