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Transport Technology Grant T-TRIG Reopens to Fund Decarbonization and COVID Related Projects

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Transport-Technology Research and Innovation Grants has entered its 11th round of financing in five years and is currently aiming to fund decarbonization and COVID recovery projects.

Innovative transport start-ups focused on decarbonization or COVID-19 recovery have raised 1 million (1,010,000) in Ministry of Transport funding since the start of the 11th round of transport technology research and innovation funding. You can bid on the above shares. Grant (T-TRIG).

T-TRIG is open to entrepreneurs and innovators who are pioneering new ways to build better transportation systems. More than 60% of the grants so far have been given to SMEs and 30% to universities. The grant connects talented start-ups and policy makers early in innovation, issuing up to 30,000 targeted investments per project, allowing emerging entrepreneurs and scholars to bring their ideas to market faster. aims for.

“As we continue to greenprint on transport restoration from COVID-19, it is imperative to work with state-of-the-art start-ups to support more sustainable construction and today’s competition. The launch does just that. ”Rachel McLean. “For this reason, supporting innovation is a priority for the government. We are resuming safe travel while at the same time solving the complex challenge of decarbonizing transportation.”

The UK Government has contributed 5.4 million projects to more than 170 technology and innovation projects through T-TRIG over the last five years, with successful winners such as Wayfindr and Infinict. Wayfindr was able to use Bluetooth-enabled beacons and smartphones to develop systems that help visually impaired people move through towns and cities. Funded by T-TRIG in 2017, Infinict has significantly improved the passenger experience by developing a new satellite antenna that provides reliable high-speed broadband to rail travel.

Investment from T-TRIG is often a precursor to financing from private investors, according to a government statement, with more than 25 million additional investments, primarily from the private sector, successful since the scheme was launched. It is secured by financial support from the project.

The Minister also announced a separate 500,000 competition to fund the development of products or services that improve the ability of persons with disabilities to use transportation networks. The bid for the Accessibility Technology Research and Innovation Grant (A-TRIG) will be open until the end of November.

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