TSB invites applications for funding to support low carbon vehicle innovation
Mon 13 December 2010
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The Technology Strategy Board is to invest up to a further £9 million to support innovations in low carbon vehicle technology and is inviting applications for funding of new collaborative research and development projects and feasibility studies.
Through the collaborative R&D competition, which opens on 7 March 2011, the Technology Strategy Board plans to invest up to £8 million in highly innovative, industry-led collaborative projects to develop low carbon vehicles. Up to £2m will be allocated to projects in each of four technology areas: internal combustion engines, energy storage & energy management, lightweight vehicle & powertrain structures and electric machines & power electronics.
Grants will range from £250,000 to £750,000 per project, depending on the technical barriers to be overcome, the size of the consortium and the length of the project.
Through the feasibility studies competition, which also opens on 7 March 2011, the Technology Strategy Board plans to invest up to a further £1 million in highly innovative, vehicle-centric, industry-led projects targeted at disruptive technology and research which challenges current conventions; exploring new boundaries or adapting novel technologies to an entirely different field.
Each project is expected to cost no more than £100,000 and up to 75% funding may be available.
A further competition aligned to this activity may take place in 2012, creating an opportunity for follow-on funding. The feasibility studies should, therefore, not exceed 12 months in duration.
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