ISCF: Driving the Electric Revolution Challenge
The Driving the Electric Revolution (DER) Challenge was launched in July 2019 by the Department of Business, Energy and Industrial Strategy as part of the Industrial Strategy Challenge Fund (ISCF). The ISCF provides funding and support to UK businesses and researchers. The fund is designed to ensure that research and innovation takes centre stage in the government’s Industrial Strategy.
This represents an investment of up to £80 million over 4 years, set up to help UK businesses seize the opportunities presented by the transition to a low carbon economy. It aims to ensure the UK leads the world in the design, development and manufacture of power electronics, machines and drives (PEMD) across multiple sectors:
- Off Highway
- Personal mobility
The UK is working to meet its carbon reduction targets agreed nationally and internationally. As part of this it will require electrification in many sectors, which this challenge will directly support and enable. The challenge will create world leading supply chains in the UK and expertise for the manufacture of power electronics, machines and drives (PEMD). Developing this competency in the UK will drive demand for £5 billion more PEMD by 2025 and up to £80 billion by 2050, creating growth and highly skilled jobs across the UK.
The ‘Catalysing Green Innovation: Strand 1, advancing PEMD supply chain’ competition is now closed (as of Wednesday 29 July 2020 11:00am). For reference the application form can be found here and details of this now closed competition can be found in the video here and in the presentation here.
For more information or to be kept updated on future competitions please sign up for the Driving Electric Revolution bimonthly newsletter here, or contact Paul Huggett, KTM Electronics or Sven Knowles, KTM Electronic Systems.
The “Engage with…” Driving the Electric Revolution webinar series aims to give companies a platform to present their PEMD journeys, activities, challenges and much more.
Engaging a Diverse Workforce for the Future | 27 Aug, 3PM | Register now
Engage with…Pure Electric | 3 Sep, 3 PM | Register now
More webinars will be published soon.
If you would like to be kept up to date with Driving the Electric Revolution related ISCF information and other news please sign up for the DER bimonthly newsletter here.