Manufacturing businesses are being invited to benefit from a share of £5m funding, to help improve power electronics machines and drives (PEMD) manufacturing supply chains throughout the UK.
The ‘PEMD scale-up competition’ has been launched by Innovate UK and is part of the Driving the Electric Revolution challenge, and aims to support and highlight the need to invest in PEMD manufacturing in the UK.
Funding is broken down into two different strands, creating opportunity for a variation of projects within PEMD manufacturing in the UK, as well as supporting the UK supply chain to enable technologies critical to help to achieve the government’s net zero goals.
Read more at: Bdaily