The Niche Vehicle Research & Development Programme is based around the established Niche Vehicle Network, a network of niche vehicle manufacturers, their supply chain and specialist technology suppliers based in the UK. The Programme undertakes an annual R&D Competition, where companies can bid to receive grant funding.
The Programme provides support and grant funding to groups of companies active in the niche vehicle sector, promoting the development and application of new technology to take advantage of the increasing market opportunities for lower carbon vehicles. The R&D programme focusses on bringing together independent vehicle manufacturers, system suppliers, automotive technology companies and HEIs, to collaborate on the innovative application of technologies in low-volume vehicle production.
If this funding is not applicable to you there is other potential funding available from other sources, including:
Innovate UK provide funding for a range of Research, Development and Demonstration projects ranging from small proof-of-concept grants and feasibility studies through to large multi-partner collaborative R&D and demonstration projects. The businesses they support range from pre start-up, start-up and early stage micro businesses, to large multi-nationals.
The Advanced Propulsion Centre (APC) provides funding to projects as part of its services to enable development of low carbon propulsion systems. Funding is allocated to projects based on the outcome of bi-annual competitions which will require applications from consortia with a clear demonstrable route to production including at least one SME, one supplier and a vehicle manufacturer.
The Society of Motor Manufacturers and Traders (SMMT) have created a document which brings together a range of sources of money and support useful for businesses active in the automotive sector.
GrowthAccelerator is a dedicated coaching and mentoring programme which helps companies prepare to raise finance effectively.