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The Low Carbon Economy Ltd

16 Dec 2010 10:12:02

TSB announces £9m funding for low carbon vehicle technologies

TSB announces £9m funding for low carbon vehicle technologies
Funding worth £9 million is to be provided by the Technology Strategy Board (TSB) for the development of low carbon vehicle innovations in the UK.

Some £8 million is to be awarded through a collaborative research and development competition to vehicle centric technologies, which have the potential to significantly reduce carbon emissions.

From March 7th, researchers are invited to apply for grants of between £250,000 to £750,000 per project.

Four technology areas - internal combustion engines, energy storage and energy management, lightweight vehicle and powertrain structures, and electric machines and power electronics - will each receive £2 million worth of funding.

The remaining £1 million of funding will be used within a feasibility study competition, looking for "highly innovative, vehicle centric, industry-led projects targeted at disruptive technology and research that challenges current conventions".

Each project will be awarded no more than £100,000 in funding, which can cover up to 75 percent of the cost, and must last no longer than 12 months. The TSB said a another initiative of this type may take place in 2012 allowing for more funding opportunities.

The TSB is a non-departmental government body, which advises on how best to remove the barriers hindering the development of technology. Its activities are partly funded by the Department for Business, Innovation and Skills.  ADNFCR-1235-ID-800295050-ADNFCR

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