Expression of Interest: Technology Developer Accelerator Programme (TDAP) for UK-based SMEs

Written by startup news

November 18, 2021

Advanced Propulsion Centre UK is seeking expression of interest for The Technology Developer Accelerator Programme (TDAP) that supports SMEs, whether start-ups, spin-outs or more mature organisations, who have an early-stage transport technology concept and want to accelerate their route to market. Please note that last date to apply for this funding opportunity is Feb2, 2022

Sponsoring Agency: Advanced Propulsion Centre UK

Type of Fund: Accelerator, Incubation, Mentorship and/or Training

Size of the Fund: USD $50,000 to $500,000

The Technology Developer Accelerator Programme (TDAP) supports SMEs, whether start-ups, spin-outs or more mature organisations, who have an early-stage transport technology concept and want to accelerate their route to market.

TDAP is designed to help fast-track low emission technologies towards commercialisation. The programme provides mentoring as well as facilitating financial support for SMEs, helping bring forward their innovative technologies.

Up to £135,000 of grant support is available to ambitious micro, small and medium-sized enterprises who are working to develop on or off-vehicle technology, products or services that support either zero-emission vehicle development or the shift to net-zero carbon automotive products.

TDAP Provides
• A structured early-stage accelerator programme
• Focused product and business approach
• Independent expert consultancy, mentoring and support
• A gateway-driven process
• Up to £135,000 grant support (APC do not take equity stake)
• Automotive industry networking

TDAP benefits and impacts
• Credibility boost through APC process
• Innovation advanced to Technology Readiness Level 4/5
• Businesses experience an accelerated route to market
• Organisations leave TDAP with a robust strategy and a business model to take their product to market
• 68 businesses engaged, 36 completed the programme
• Over £63 million investment / debt raised
• Businesses average a 50% increase in headcount following TDAP

Eligible Technologies
• Innovative automotive technology, products and services which support the shift to:
o Zero-emission vehicles; or
o Net-zero carbon automotive products
• Aligns with one or more of the Automotive Council’s five strategic technologies; or
• Develops improved industrial processes that could enable the route to net-zero automotive products; or
• Digital technologies that could enhance or accelerate the shift to zero-emission vehicles or net-zero processes; or
• Outside of these areas but demonstrating strong automotive impact potential
• Development status of the technology should be Technology Readiness Levels (TRL) 2-4 (UK Automotive Council).
• On or off-vehicle technology eligible:
o Software or hardware technologies
o Full vehicles (including e-bikes, e-mopeds, etc.) are in scope, however the technology deployed within the vehicle must be innovative of itself and the application needs to show how the vehicle supports or accelerates the move to zero-emission transport

Criteria
The business:
• Ambitious UK-based micro, small and medium-sized companies
• Technology developers able to benefit from programme activities, APC engagement and programme team expertise

Key Dates
• Applicants invited for interview: 01/03/2022 – 02/03/2022
• Interviews held: w/c 14/03/2022
• Winning applicants informed: 28/03/2022
• Programme kick-off: 03/05/2022

More information and to apply kindly visit the link givenbelow.

TDAP Wave 6

Eligible Countries:
United Kingdom

Business Categories:
Business, Startups, Science and Technology, Small and Medium Enterprises

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