APC Opens Fifth Round of Innovative Technology Funding for SMEs
- Zero-emission and net-zero enabling innovators offered access to business, technical, and financial support of up to £135,000
- Now beginning its fifth wave, the programme is a vital component of APC’s work to accelerate the commercialisation of green automotive technologies.
The Advanced Propulsion Centre (APC) is offering small businesses up to £135,000 of grant support for early-stage automotive technology and product innovation, through its highly successful Technology Developer Accelerator Programme (TDAP). The competition is open to ambitious micro, small and medium-sized enterprises who are working to develop on or off-vehicle technology, products or services that support either zero-emission vehicle development or the shift to net-zero carbon automotive products.
Supporting innovators over 18 months, TDAP aims to bring exciting new technologies from concept to market viable proposition, whilst providing SMEs with invaluable business guidance and access to industry experts.
Josh Denne, Head of SME Programmes at the APC, said: “Since its pilot launch in 2015, TDAP has been instrumental in breaking down barriers to the commercialisation of promising low-carbon innovations being developed by UK-based SMEs. Our latest round is welcoming applications from developers who are at the early stages of product development and we look forward to working with them to bring their idea to life”.
Technology developers can express their interest in applying for TDAP Wave 5 and find out more about TDAP by clicking here.
The APC is issuing application packs to eligible applicants on an ongoing basis. The closing date for applications is 14th April 2021 with a target programme start date of July 2021.