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UK businesses can apply for a share of £5 million to work with partners in Shanghai on industrial challenges and opportunities.
As reported on 12th April 2017 Innovate UK has up to £5 million to invest in UK businesses to work with partners in Shanghai municipality, People's Republic of China on collaborative research and development projects that address industrial challenges.
The Science and Technology Commission Department of Shanghai Municipality will allocate funding for research and development companies in China. The programme is being delivered according to the 2016 memorandum of understanding signed between Innovate UK and the department.
Funding opportunities
Projects applying under this competition should meet one of the following 2 areas:
- future cities, in particular solutions that address the challenges brought on by rapid urbanisation, demographic and social change, resource scarcity and climate change
- transformational or disruptive innovation that lead to novel, new products, processes or services. These can be drawn from any technology, engineering or industrial area, but there is a particular interest in healthcare and life sciences, advanced manufacturing, and energy and green technology
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UK's Business Secretary and Transport Minister on 11th April 2017 have awarded £109.7 million of government funding, alongside significant funding from industry, to help develop the next generation of driverless and low-carbon vehicles, as part of the Industrial Strategy and the government's Plan for Britain.
Seven innovative projects will share grants from the latest round of funding from the Advanced Propulsion Centre (APC), the joint industry-government programme to put the UK at the forefront of low carbon vehicle technology.
The projects, led by BMW, CNH Industrial, Ford Motor Company, Jaguar Land Rover, Penso Consulting, Westfield Sportscars and Williams Advanced Engineering, cover a wide range of new innovations which will help the UK to continue to build on its excellence and become a global leader in low-emissions technology, and safeguard 2,370 jobs in the UK.
A further 7 projects have won funding from the government's Office for Low Emissions Vehicles (OLEV) to advance the development of a range of ultra-low and zero emissions vehicle technologies in the UK. These projects will be led by Equipmake, Ford Motor Company, Great British Sports Cars, Jaguar Land Rover, Ricardo Innovations, Romax Technology and Wrightbus.
In a fresh commitment to supporting these innovative technologies, the government is also announcing today that people buying an electric vehicle will continue to benefit from up to £4,500 off the cost of an ultra-low emission car, up to £2,500 off a hybrid and receive £500 towards the installation of a charge point in their home.
As per Business and Energy Secretary, Low carbon and driverless cars are the future and as a UK Government is determined through the Industrial Strategy to build on our strengths and put the UK at the forefront of this revolution. Investment in this technology is an integral part of this Government's efforts, to ensure the UK auto sector remains competitive and world-leading.
For more information on the above matter please
click here.
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