Faraday Battery Challenge: Innovation Feasibility Studies, Round 4

Fund Name: Faraday Battery Challenge: Innovation Feasibility Studies, Round 4
Project Length: Between 3-12 months
Project Value: Between £100k and £1m
Deadline: 09/12/2020

Summary

The aim of this competition is to accelerate innovation in battery technology for the propulsion of electric vehicles by supporting business led feasibility studies. This will draw on the most exciting, high potential impact, early stage research where a 12 month feasibility study can catalyse the route to commercialisation.

Fund details

Your project must:

  • describe how you will mitigate any potential restrictions caused by the COVID-19 pandemic so that you can deliver the project on time
  • show a clear route to market beyond the end of this project, including how you intend to scale your technology for your chosen market, either through private funds, investment or late stage research and development competitions
  • show that you can realistically produce the technology at a price the market is willing to pay when it is commercialised
    show how the future supply chain will be developed, or how your project contributes to this supply chain
  • plan to have real-world applications and meet the appropriate sector’s performance and regulatory targets
  • show a thorough understanding of the system your technology will fit into
  • consider end of life implications
  • support the overall goal of the Faraday Battery Challenge

Your project can focus on technological improvements or developing new business models across the battery value chain, including but not limited to:

  • cell materials and components
  • cells
  • modules and packs
  • recycling
  • enabling technologies

Your project can focus on technological improvements or developing new business models across the battery value chain, including but not limited to:

  • cell materials and components
  • cells
  • modules and packs
  • recycling
  • enabling technologies
Eligibility

Your project must:

  • have total eligible costs between £100,000 and £1,000,000
  • plan to end by 31 March 2022
  • last between 3 and 12 months

To lead a project your organisation must:

  • be a UK registered business of any size
  • collaborate with other UK registered businesses, research and technology organisations (RTOs), public sector organisations or charities
  • carry out its project work in the UK
  • intend to exploit the results from or in the UK
Get In Touch

If you think that you might be eligible for this fund, please Get In Touch by filling out the contact form below.

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