Faraday Battery Challenge Round 5 Innovation

UK registered businesses can apply for a share of £25Mn for innovation in propulsion battery technologies for electric vehicles across 2 strands: Feasibility Studies and Collaborative R&D. Interested? Feel free to contact us!

Dates

  • Competition closes: 17 August 2022, 11am
  • Interviews: 17-21 October 2022 (Collaborative R&D projects only)
  • Applicants notified: 14 October 2022 (Feasibility Studies); 28 October 2022 (Collaborative R&D)
  • Project start date & duration: 01 January 2023; > 12 months (Feasibility Studies); >24 months (CR&D)

Scope

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.

Specific Themes

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.

Eligibility

  • 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.

Funding Rates

  1. Feasibility Studies: Total eligible project costs: £100,000 and £750,000 (£2Mn pot)
  2. 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.

How PNO can support you

The UK team has a strong track record in securing some of the most competitive national and European grants on behalf of its clients, with a full understanding of how a project should be presented to stand the highest chance of success. Each year in the UK alone, we are responsible for the submission of more than 100 funding applications across all sectors and priority areas. Based on this extensive experience, through careful project selection and using key insight into how a project should be best positioned, we consistently achieve success rates that are more than 5 times the typical success rates.

Contact us for further information







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