Faraday Battery Challenge: Innovation R&D, Round 4
UK registered businesses can apply for a share of up to £10 million in grant funding for innovation in electric vehicle battery technology. The aim of this competition strand is to support the research and development of the most promising innovative battery technologies for the propulsion of electric vehicles, building on the outputs of previous activity to accelerate towards commercialisation. Briefing recording now available.
Your project’s total eligible costs must be between £300,000 and £1,500,000. Up to 70% of your costs can be covered, depending on the size of your organisation and how near to market your product is.
The ISCF Faraday Battery Challenge will work with Innovate UK, part of UK Research and Innovation, to invest up to £10 million in innovation projects across the Feasibility Study and R&D strands of the Faraday Battery Challenge. These will be to support innovation in the design, development and manufacture of batteries for the propulsion of electric vehicles.
There are 2 strands to this competition: feasibility studies (accelerating battery technology development – click here for details of the feasibility study strand) and innovation R&D (building on the outputs of previous activity to accelerate towards commercialisation – this strand). Please ensure that you are applying for the appropriate strand.
The aim of this competition is to support the research and development of the most promising innovative battery technologies for the propulsion of electric vehicles, building on the outputs of previous activity to accelerate towards commercialisation.
To do this, we are encouraging 2 types of projects through this competition:
- new projects building on the outputs and outcomes of previously funded Innovate UK projects or activities
- new projects building on internal activity within the organisation
Your project must clearly demonstrate a significant value-add and exploitation from a preceding feasibility study, collaborative research and development project or previous non-grant-funded activity.
Your project must:
- have total eligible costs between £300,000 and £1,500,000
- plan to end by 31 March 2022
- last between 3 and 12 months
Any project building on the outputs or outcomes of previously funded Innovate UK project/activity must clearly show a significant value-add and exploitation from the former project.
To lead a project your organisation must:
- be a UK registered business of any size
- collaborate with other UK registered businesses, research and technology organisations (RTO), public sector organisations or charities
- carry out its project work in the UK
- intend to exploit the results from or in the UK
We encourage you to include a partner with expertise in scaling of battery technologies.
Any eligible UK registered business can lead on any number of applications and collaborate on any number of further applications.
An academic institution or RTO cannot lead on an application but can collaborate on any number of applications.
If you want help to find a project partner, contact KTN’s Knowledge Transfer Manager – Infrastructure & Energy, Nikoleta Piperidou.