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Faraday Battery Challenge Round 5 Innovation: Feasibility Studies UK registered businesses can apply for a share of up to £25 million across two strands, for innovation in propulsion battery technologies for electric vehicles. Eligibility This competition is open to collaborations only. To lead a project your organisation must be a UK registered business of any size You must involve at least one micro, small or medium-sized enterprise (SME). Open now Opened: 23 May 2022 Closes: 17 August 2022

Programme: Innovate Uk

Award:

Opens: 23 May 2022

Closes: 17 August 2022

Description

Innovate UK, part of UK Research and Innovation, will invest up to £25 million in innovation projects across the two strands of this competition. This funding is from the Faraday Battery Challenge (FBC).

The aim of this competition is to:

  • support business-led research and development of sustainable propulsion batteries
  • support technologies with the potential to enter the automotive market within the next 15 years and, where appropriate, allow for early or synergistic entry into other sectors
  • move UK battery innovations from technological potential towards commercial capability
  • develop and secure material and manufacturing supply chains for battery technologies in the UK

This competition is split into 2 strands:

Feasibility studies:

  • will draw on the most exciting, high potential impact, early-stage research where a feasibility study of less than 12 months, can catalyse the route to commercialisation
  • will support short term focused projects which could open avenues for overcoming big challenges in manufacturing or other critical processes for advancing the technology

Your proposal must clearly show how this feasibility study has the potential to accelerate the development of technologies or business practices which could significantly advance the performance characteristics of batteries for electric vehicles.​

It is your responsibility to ensure that you are entering the appropriate strand of the competition for your project.

You will not be able to transfer your application to the other strand, it will not be sent for assessment if it is out of scope.

In applying to this competition, you are entering into a competitive process. This competition closes at 11am UK time on the deadline stated.

Funding type

Grant

Project size

Your total project costs must be between £100,000 and £750,000.

Who can apply

Your project

Your project must:

  • have total costs between £100,000 to £750,000
  • start by 1 January 2023
  • end by 31 December 2023
  • last up to 12 months
  • carry out all of its project work in the UK
  • intend to exploit the results from or in the UK

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 entity as lead, partner or subcontractor. This includes any goods or services originating from a Russian source.

Lead organisation

To lead a project your organisation must:

Academic institutions, RTOs, charities, not for profit or public sector organisations cannot lead or work alone.


Project team

To collaborate with the lead, your organisation must be one of the following UK registered:

  • business of any size
  • academic institution
  • charity
  • not for profit
  • public sector organisation
  • research and technology organisation (RTO)

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 into the Innovation Funding Service.

The lead and at least one other organisation must claim funding by entering their costs during the application.

Your project can include partners that do not receive any of this competition’s funding, for example non-UK businesses. Their costs will count towards the total project costs.

Funding

Up to £25 million has been allocated to fund innovation projects in this competition across both strands:

Up to £2 million has been allocated for this feasibility studies strand.

We reserve the right to take a portfolio approach for funding across the two strands.

Funding will be in the form of a grant.

If the majority of 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.

For feasibility studies, 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

For more information on company sizes, please refer to the company accounts guidance. This is a change from the EU definition unless you are applying under State aid.

If you are applying for an award funded under State aid Regulations, the definitions are set out in the European Commission Recommendation of 6 May 2003.

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