News story: Businesses encouraged to bid for transformative innovation funding
Innovative businesses with plans to transform UK transport have the opportunity to bid for life-changing funding.
Mobile ticketing via Bluetooth, measures to cut commuting time, and a pilot helping partially-sighted people navigate urban transport systems are just some of the proposals that have received money in the past from the Transport Technology Research Innovation Grant (T-TRIG).
Today (18 December 2017) the grant opens for its fifth round of applications – giving businesses the chance to bid for up to £30,000 – a £5,000 increase from previous rounds.
For the first time in the targeted call, bidders have been asked to focus on 2 key themes for this round of T-TRIG funding:
- improving the UK’s road network using big data and machine learning
- reducing shipping emissions
Transport Secretary Chris Grayling said:
Ground-breaking pilot projects are already benefiting passengers around the country, and this new round of innovation funding will give more businesses a chance to make their ideas a reality.
I look forward to hearing from pioneering companies about their plans.
Up to £1.14 million is available through this round of T-TRIG funding.
T-TRIG announcement Biella Research
The programme began in 2014 as a pilot, and has subsequently been followed by 4 further rounds of funding.