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SME Credit Round 2 – Digital or Software

Fund Name

UKBIC SME Credit Round 2 - digital or software

Project Length

3-9 months

Project Value

£70k - £300k



Innovate UK, part of UK Research and Innovation, will work with Faraday Battery Challenge to invest up to £1.5 million in innovation scale-up projects.

This competition stream is for digital and software; projects must build and secure the UK supply chain for battery technologies.

Check Your Eligibility

Fund details

The aim of this competition is to:

  • support a micro, small or medium-sized enterprise’s (SME) research and development for the scale-up of battery technologies within the UK
  • support an SME to access the UK Battery Industrialisation Centre (UKBIC) and demonstrate technologies at suitable scales to customers
  • increase engagement with UKBIC
  • move UK battery innovations from technological potential towards commercial capability
  • develop and secure material and manufacturing supply chains for battery technologies in the UK

Specific themes

Your project must focus on one or more of the following:

  • complete electrode and cell manufacturing process
  • electrode manufacturing processes at scale
  • new electrode formulations at scale, line compatibility to be confirmed dependent on specific solvent, either water or NMP and material
  • proving electrodes or other cell assembly processes at scale, for example, electrode only includes mixing and coating, calendering and slitting
  • developing cell-to-module and pack assembly processes and associated testing
  • testing process measurement and control systems on the UKBIC cell manufacturing process line, while considering integration for closed-loop control of processes
  • using novel software analytical methods for manufacturing and call formation data generated from UKBIC internal programmes only, with opportunities to leverage data generated from several internal runs at UKBIC to support your innovation while still retaining your intellectual property (IP)


Your project must:

  • have total costs between £70,000 and £300,000
  • last between 3 and 9 months
  • carry out all of its project work in the UK
  • intend to exploit the results from or in the UK
  • start on by 1 July 2024 and end by 31 March 2025
  • To lead a project your organisation must be a UK-registered micro, small or medium-sized enterprise (SME)
  • An SME can only submit one application
  • You cannot use a previously submitted application to apply for this competition


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