International Rail Competition Briefings
KTN will be hosting two briefing events for two separate competitions in international rail: an SBRI – Digital Transformation of Hanoi Metro Line 5, Vietnam (£300k) and an SBRI – Global Rail Export Innovation for Australia, Canada and India (£450k).
Innovate UK, in partnership with Crossrail International and the Department for International Trade (DIT), is to invest £750,000 (inc VAT) in innovative rail solutions in spaces including digital innovation, operational efficiency, station security and more.
Minister for Exports, Graham Stuart MP, said:
“Our innovative and pioneering rail industry is envied across the world and we want even more businesses to take advantage of global demand for British engineering and technology. That’s why DIT is partnering with Innovate UK to launch a new competition to help our small businesses grow, thrive and adapt in exciting new markets.”
Webcast recording and slides are now available
- SBRI – Digital Transformation of Hanoi Metro Line 5, Vietnam: £300k is allocated to this strand (including VAT). This competition will deliver feasibility studies in partnership with Crossrail International, looking at digital transformation for the Hanoi Metro MRB. Crossrail International has an existing strong relationship with Hanoi Metro and will support successful applicants to understand the needs and context of the individual themes and assist with introductions. There are four specific themes within this strand of the competition, focussed on digital innovations.
- SBRI – Global Rail Export Innovation for Australia, Canada and India: £450k is allocated to this strand (including VAT). This competition is in collaboration with the DIT who have identified Australia, Canada and India as markets with particular rail innovation challenges that could benefit from UK exports. The competition will focus on supporting companies that have strong innovative ideas to adapt their product or service to access new markets, in areas including operational optimisation, monitoring and predictive maintenance of assets, security and crowding of stations, improving freight operations and more.
Both competitions will open on the 13 September and close on the 13 October 2021. Click on the links above for further details of the funding competitions.