Innovate UK Faraday Battery Challenge

The Faraday Battery Challenge is a UK battery programme led by Innovate UK with the Faraday Institution, UK Battery Industrialisation Centre, and EPSRC as named partners. It ran with a total budget of GBP 610 million from 2017 to 2025, and its structure combines business-led innovation, academic battery research, and industrial scale-up for the battery supply chain. The programme funds collaborative R&D, SME credits for technology scale-up, investor partnerships, and investor-readiness activity. The structured record places its awards at GBP 500,000 to GBP 15 million, with a median actual award of GBP 3.5 million. It is aimed at UK businesses and research organisations working in battery materials, cells, packs, and recycling, typically at TRL 3 to 7. The strongest fit is a team that can show a clear battery problem, a credible development path, and a project that fits the challenge’s supply-chain focus. Competition routes are not one-off in practice, so applicants tend to succeed when they align their proposal to the specific pillar being offered, whether that is commercial R&D, scale-up, or investor readiness.

No upcoming rounds verified. Cadence: Annual.