DRIVE35 Scale-up Fund drawdown five

The DRIVE35 Scale-up Fund drawdown five is a funding competition offering UK-registered organisations a share of up to £150 million to create scale-up manufacturing facilities for zero emission vehicle technologies. DRIVE35 (Driving Research and Investment in Vehicle Electrification) is a BIST-led programme aimed at transforming the UK automotive industry. The competition accepts single applicants and collaborative projects led by UK registered businesses, with grant awards conditional on UK business setup and UK staff in place.

Grant funding (a share of up to £150 million) to support creation of scale-up manufacturing facilities for zero emission vehicle technologies.

Open to single applicants and collaborations. To lead a collaborative project the lead must be a UK registered business. Non-UK registered businesses may apply but must set up a UK registered business before any grant can be awarded. The UK registered business must deliver the project and have UK staff in place before the project can start.