Information

The Faraday Battery Challenge is a major initiative that invests in research and innovation projects as well as facilities to drive the development of a robust battery industry. The goal is to support the creation and scaling of innovative battery technologies that can power the future. This accelerator provides significant benefits to entrepreneurs, including access to funding, world-class research facilities, and a collaborative ecosystem that fosters innovation. Entrepreneurs can leverage these resources to develop cutting-edge battery solutions, accelerate their product development, and bring their innovations to market more quickly.

How to Apply

To apply for the Faraday Battery Challenge, interested parties should visit the official UK Research and Innovation (UKRI) website. Detailed application guidelines, eligibility criteria, and submission deadlines are provided on the website. Applicants typically need to submit a comprehensive proposal outlining their project, its potential impact, and how it aligns with the goals of the Faraday Battery Challenge. It is advisable to thoroughly review the application requirements and ensure all necessary documentation is prepared before submission.

Total number of startups invested: 3

Average Funding: The average funding round varies depending on the project scope and requirements. Specific details can be found on the UKRI website.

Industry: Battery technology, Energy storage, Clean energy

Market: United Kingdom