The Faraday Battery Challenge aims to:
- Ensure the UK automotive sector meets its net zero commitments in the required timescale, by enabling the development and scale-up of sustainable battery technologies
- Ensure the UK prospers from a just and fair transition to electrification, by taking action to develop a world class intellectual and physical supply chain for batteries in the UK
Projects must balance specific technical, market and business requirements for developing and emerging technologies and enable UK competitiveness across the battery value chain.
Projects are expected to increase productivity, competitiveness and growth for UK businesses.
A variety of projects across the propulsion battery value chain and different technologies will be funded.
Projects must focus on:
- Extraction and processing of raw materials
- Development and manufacture of cell materials and components
- Design and manufacture of novel cell, module and pack concepts
- End of life and recycling technologies
- Development of the UK battery supply chain
- Physical and digital technologies to support design, development, optimisation and deployment
Projects can achieve these through a combination of innovations in process improvement, cell chemistry, cell-to-pack efficiency and novel design concepts.
- Subsidy Control and State aid funding rules apply.
- R&D work must be carried out in the UK and project results exploited from the UK.
- Projects must be led by a UK registered business of any size.
- Collaborations must involve at least one grant claiming SME and at least one grant claiming academic institution, RTO, charity, not-for-profit or public sector organisation.
- Subcontractors can be from anywhere in the UK. Costs must be justified and appropriate. Overseas subcontractors must be justified by making a case for why a UK supplier could not be used.
- Feasibility Studies: Total eligible project costs: £100,000 and £750,000 (£2Mn pot)
- Collaborative R&D: Total eligible project costs: £500,000 and £12Mn (£23Mn pot)
You could get funding for your eligible project costs of:
- up to 70% if you are a micro or small organisation
- up to 60% if you are a medium-sized organisation
- up to 50% if you are a large organisation
Research organisations can share >50% (Feasibility Studies); >30% (CR&D) of the total eligible project costs.
Source / contact: Faraday Battery Challenge Round 5 Innovation | PNO Consultants UK
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