The Advanced Propulsion Centre (APC) is launching the fourth wave of its Technology Developer Accelerator Programme (TDAP). During its first 10 years, the APC has set a target of saving 50 million tonnes of emissions from the automotive sector, while supporting the UK government’s net-zero plans.
The aim of this round of funding is to attract small businesses specializing in emissions-reduction technology to apply for grants of up to £100,000 (US$130,000). The successful applicants will also receive business and technical support for 18 months as they develop a concept with the aim of bringing it to market.
APC’s CEO, Ian Constance, said, “Since its inception in 2013, the APC has committed over £880m (US$1.12bn) in funding to more than 50 projects that are determining the future of low-carbon powertrain development. This year, the UK became the first major economy to legislate a net-zero commitment by 2050, and the automotive industry is now working at pace to achieve a cleaner future.”
Josh Denne (pictured), TDAP manager, added, “Our program targets technology developers with early-stage low-emissions innovations, either on or off the vehicle. The role of the APC, coming near the start of a company’s commercialization journey, sees us support them by giving access to finance to help them develop their technology, understand their route to market, develop and protect their intellectual property, and get them ‘investor ready’. We deliver the boost that gets them into the right shape.”