Government announces £1million fund for transport tech start-ups

Transport tech-focused start-ups can now bid for a share of almost £1million in funding in a competition open to UK transport technology entrepreneurs and innovators.

The government is looking for innovative projects to tackle carbon emissions, further improve air quality, increase infrastructure resilience and make the transport system more accessible for all.

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.

Unique to this year’s grant, the competition has three themed elements: Decarbonisation, Age-friendly and Accessible Transport, and Potholes and Resilient Infrastructure, reflecting the Industrial Strategy Grand Challenges and core issues facing the UK’s transport network.

More information on the GOV.UK website.