Driving the Electric Revolution, part of the Industrial Strategy Challenge Fund (ISCF), is investing in innovation projects that will support the UK’s drive towards net zero.

Working with Innovate UK (IUK), the ISCF is investing in innovation projects to facilitate the UK's niche and volume supply chain and manufacturing capability growth in power electronics, machines and drives (PEMD).

By niche supply chain IUK means low volume, high value. By volume supply chain it means high volume, high efficiency.

IUK has allocated up to £22 million to fund innovation projects in business-led, supply chain focused, innovation projects, enabling future improvements in productivity, capacity, quality and efficiency. A project’s total eligible costs must be between £500,000 and £5 million.

Industrial research projects and experimental development projects that focus on the following areas will be considered:

  • Manufacturing process development.
  • Design for manufacture.
  • Innovative end-of-line testing and product validation processes.
  • Circular economy.

Projects must be industry led, collaborative and undertaken in the UK. To lead a project the organisation must be a UK registered business of any size. They must collaborate with other UK registered businesses, research and technology organisations (RTOs), research organisations, public sector organisations or charities.

The competition opens on 8 March 2021 with a deadline for applications of 2 June 2021 (11:00 GMT).