Technology start-up funding is launched
From October 7th 2021, a new grant is being offered to technology start-ups, SMEs and universities.
The Department for Transport (DtF), in partnership with Connected Places Catapult, is offering Transport Research and Innovation Grants (TRIG 2021). The aim of this grant is to fund the search for innovative ideas for a new, improved transport system.
If you’re in the technology sector and looking for technology start-up funding, keep reading to find out more.
What does the TRIG 2021 aim to do?
The aim of the TRIG 2021 is to:
- Improve transport systems across the UK
- Enable growth in the transport industry
- Build links between policy teams in DfT and innovators.
Nicola Yates, OBE, CEO of Connected Places Catapult, said:
“The UK’s innovation ecosystem has a strong track record in developing solutions to complex problems.
“The TRIG 2021 call is focused on finding the next wave of state-of-the-art transport solutions, enabling the sector to achieve net zero and become more resilient to disruption.
“I very much look forward to seeing the proposed innovations and working with the successful teams to support their journey to market.”
Eligibility and scope
Technology start-ups, SMEs and universities are eligible to apply for this grant. Organisations can apply for a grant of either £30k or £100k. In total, the DtF anticipates awarding at least 50 grants.
For the £30k grants, applicants should progress current technology from TRL2 (basic research) to TRL4 (proof of concept/small scale prototype).
For larger grants (£100k), the funder expects technologies to start at TRL2 or higher. By the end of the project, the funder expects applicants to be at TRL5.
To be eligible for the TRIG 2021, you must be:
- Based in the UK or have a UK registered office
- A business or university of any size.
Why should you apply for the TRIG 2021?
Technology start-ups, SMEs and universities are encouraged to apply for this grant because:
- It is 100% funded
- Technical and commercial oversight is available from DtF
- Support is available from the Connected Places Catapult, such as the SME Development Programme
- There are opportunities for future investment and collaboration.
How do you apply for the TRIG 2021?
Technology start-ups, SMEs and universities can apply for this grant by visiting the Connected Places community platform. Applications must be submitted by midnight on the 7th of November.
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