Innovate UK Driving the Electric Revolution

Innovate UK Driving the Electric Revolution is a UK programme for the power electronics, machines, and drives ecosystem, and it sits within the Industrial Strategy Challenge Fund family of activity. The structured record identifies it as an active annual grant route with a clear industrial focus rather than a broad open call. The funding range runs from GBP 250,000 to GBP 10 million, with a median actual award of GBP 2 million. It is open to for-profit applicants only, with UK registration expected, no consortium requirement, and a working range of roughly TRL 3 to 7. The eligible work is centered on power electronics and electric machines and drives, and the same project cannot be resubmitted for support. This programme suits companies that are already inside the relevant supply chain and need grant capital to move a defined technical project forward. The best applications are specific about the engineering problem, the commercial use case, and the reason the project belongs in the PEMD ecosystem rather than a more general advanced-manufacturing call.

No upcoming rounds verified. Cadence: Annual.