KTN hosts event for the Faraday Battery Challenge competition third round
KTN will be hosting an event on 19 September in London to launch the competition scope.
The third round of the Faraday Battery Challenge: Innovation competition will open on 17 September.
- provide an overview of the¬†Industrial Strategy Challenge Fund (ISCF) and Faraday Battery Challenge
- provide details of the third round of Faraday Battery Challenge: Innovation competitions
- provide a facilitated networking programme from the KTN that maximises your chances of securing suitable collaborators for your ideas
- through a series of pitches from organisations link early research to targeted industrial applications to assist with exploitation and collaboration
This event will benefit entrepreneurs, innovators and researchers who can expand and scale their work in the areas of¬†battery chemistry, raw materials,¬†materials processing, cell components, cell, modules and packs, cell production methods, and the future electric vehicle¬†battery supply chain.
The¬†Faraday Battery Challenge was launched by the Department of Business, Energy and Industrial Strategy (BEIS) as part of the ISCF.¬† It is an investment of ¬£246m over four years, set up to help UK businesses seize the opportunities presented by the transition to a¬†low carbon economy¬†and to ensure that the UK leads the world in the design, development and manufacture of batteries for the electrification of¬†vehicles. ¬†Battery research from fundamental research through development and innovation to industrial scale up is being supported by the Faraday Battery Challenge via three elements:
- ¬£78m for a new ‚Äòapplication-inspired‚Äô research programme coordinated at a national scale ‚Äì a large part of this is being led by the¬†Faraday Institution.
- ¬£88m Innovation programme to stimulate collaborative research and development with co-investment from industry ‚Äì de-risking and enabling the steps to get from research through to manufacturing at scale.
- ¬£80m scale-up programme to allow companies of all sizes to rapidly move new battery technologies to market through the creation of an open-access facility, the¬†UK Battery Industrialisation Centre.
To register for the event, click here.
If you‚Äôre unable to attend in person, the scope and competition process presentations will be available via¬†webcast and you can register to join this section of the day online¬†here. ¬†There will also be additional regional briefings in¬†Cardiff¬†on 25th September and¬†Sunderland¬†on 26th September.