The Industrial Strategy Challenge Fund has launched grant funding for collaborative projects supporting supply chain development for power electronics, electric machines and drives (PEMD).

Eligible projects must help the UK to achieve the objectives of the Driving the Electric Revolution challenge and have a significant impact on the PEMD supply chain in the UK to support the UK’s drive towards net zero.

Funding rate:

Up to 70% grant funding for project costs of between £500k and £5 million


The closing date for applications is 2 June 2021.

Find out more.


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