The Technology Strategy Board (TSB) is to invest £9m to support innovations in low-carbon vehicle technology and is inviting applications for funding of both new collaborative research and development projects, as well as feasibility studies.
Through a research and development competition, which opens on 7 March 2011, the TSB is looking to invest up to £8m in industry-led collaborative projects aimed at achieving significant cuts in CO2 from vehicles.
Up to £2m will be allocated to projects in each of four technology areas: internal combustion engines, energy storage and energy management, lightweight vehicle and powertrain structures, and electric machines and power electronics.
Grants will range from £250,000 to £750,000 per project, dependant on the technical barriers to be overcome, the size of the consortium and the length of the project.
Through a feasibility studies competition, which also opens on 7 March, the Technology Strategy Board is also looking to invest up to £1m in industry-led projects targeted at disruptive technologies that challenges current conventions.
Each project, which should not exceed 12 months in duration, is expected to be valued at no more than £100,000, and up to 75 per cent of funding may be available. A further competition may take place in 2012, creating an opportunity for follow-on funding.