The aim of this competition is to address key research and development opportunities in the UK power electronics, machines, and drives (PEMD) supply chain to support the UK’s drive towards net zero. This is to facilitate UK niche and volume supply chain and manufacturing capability growth in PEMD.

Up to £22 million will be invested in business-led, supply chain focused, innovation projects that enable future improvements in:

  • productivity;
  • capacity;
  • quality;
  • efficiency.

Projects must:

  • start by 1 February 2022;
  • be industry led;
  • be collaborative.

Project outputs should ideally have potential for cross-sector impact. Outputs must:

  • show a demonstrable benefit to a UK PEMD supply chain;
  • be exploitable through future activities;
  • demonstrate a credible return on investment.

This fund will support a range of project sizes and durations from £500,000 to £5 million and from 18 months to 36 months duration.

Key dates

Competition opens | 8 March 2021

Apply by | 30 June 2021 | 11:00am

Invite to interview | 30 August 2021

Applicants notified | 1 October 2021

Briefing webinar

A briefing webinar is taking place on 9 March. Find out more

Find out more and apply

Full details about this competition and online application form can be found on the Innovation Funding Service website