Investor funding information

Automotive

Auto2030

An ambitious new programme which offers £2 billion of new capital and R&D funding for the automotive sector building on the Automotive Transformation Fund (ATF) and the Advanced Propulsion Centre (APC) research and development programmes.

Investors can apply and register their detailsopens www.apcuk.co.uk in a new tab for funding for the existing ATF. Applicants will be contacted by an ATF representative who will provide information on how to progress their application. Following this, applicants can submit a formal expression of interest which will be assessed by the ATF team.

After 10 years of success, the APC programme has led to billions in joint government and industry funding. Investors can read more about Advanced Propulsion Centre competitions hereopens www.apcuk.co.uk in a new tab. The next competition for APC R&D funding will be in early January 2024.

Aerospace

ATI SME and strategic programmes

The Aerospace Technology Institute (ATI) programme is open to new applications with full details available on the scheme websiteopens www.ati.org.uk in a new tab. The SME competition will open for applications on 8 January 2024.

Investors can begin by submitting a draft expression of interest for the strategicopens www.ati.org.uk in a new tab or SMEopens www.ati.org.uk in a new tab programmes. A full timeline of the application processes for both schemes are available on both of these links. The website also contains useful information, including FAQs, contact information and eligibility criteria.

Connected and Automated Mobility (CAM)

New opportunities are currently in development for the up to £150 million extension of CAM funding to 2030 and will be announced in due course.

Life sciences

£520 million in funding will be available for life sciences manufacturing from 2025 to 2030.

The funding will capitalise on the UK’s world-leading research and development capabilities and build resilience for future health emergencies. Further details on how companies can apply is to be announced.

Green industries

Green Industries Growth Accelerator

The £960 million Green Industries Growth Accelerator funding focuses on expanding manufacturing capacity and removing supply chain bottlenecks in carbon capture, utilisation and storage (CCUS), electricity networks, hydrogen, nuclear energy and offshore wind.

Further detail on the scope and availability of Green Industries Growth Accelerator funding will follow, including market engagement with industry ahead of competition launches.