£19 million of government money is available for businesses of all sizes to help deliver electrification across seven sectors including marine.
Applications for the cash opened in July and close on 25 September 2019.
The aim is to accelerate the UK’s ability to deliver the supply chains required to enable electrification in the automotive, aerospace, energy, industrial, marine, off highway and rail sectors.
Examples might include:
- Power electronics: passive components production, productivity improvements and supply chain efficiency such as solutions that address solving supply chain bottle necks or automation
- Electric machines, generators and motors: automated stator winding, materials recovery from end of life, raw materials refining, stamping and lamination stack productivity improvements, advanced testing
- Drive systems: systems integration and testing
- Projects that consider supply chain gaps, from raw materials to recycling.
The competition has two strands:
- Larger projects with total costs between £1 million and £3 million
- Smaller projects with total costs between £250,000 and £1 million.