UK registered businesses can apply for a share of up to £5 million to scale up manufacturing in the power electronics, machines and drives supply chain. This strand will fund feasibility studies for innovative manufacturing solutions from other sectors.
Drivers such as climate change, supply chain resilience and the cost of energy mean that there is a growing need to invest in manufacturing efficiency, particularly across the Power Electronics Machines and Drives (PEMD) value chain.
Innovate UK’s Driving the Electric Revolution, part of UK Research and Innovation, will invest up to £5 million in projects that enable the scale-up of PEMD manufacturing to develop a resilient, cross-sectoral, UK supply chain for these enabling technologies critical for net zero.
Click here for further information