Innovative and tech-focused transport start-ups can bid for a share of almost £1 million (£960,000) in Department for Transport funding.
The grant – called the Transport-Technology Research and Innovation Grant (T-TRIG) – is available for entrepreneurs and innovators pioneering new ways of creating a better transport system.
Issuing targeted investments of up to £30,000 for each project, the fund aims to help start-ups and academics propel their ideas to market quicker.
The Minister for the Future of Transport, George Freeman MP, said, “This government is committed to improving the UK’s transport network, from tackling air pollution to fixing potholes for good.
“We now have an exciting opportunity to stimulate the brightest thinkers in our universities and small business networks to try out novel solutions to fix legacy problems across our transport system and realise their visions for the future.
Schemes like this grant will ensure the UK retains its reputation as a world-leading innovator, and I encourage early-stage businesses in the transport sector to apply for the funds available.”