Innovate UK, the government funding body, is to invest £10m in projects to improve the efficiency and experience of the end-to-end journey for freight and people.
It is inviting companies to bid for funding in a competition that focuses on two broad themes: optimisation and increasing usable capacity; and demand reduction.
The competition aims to encourage industry, local authorities and service providers to work together. Proposals should cover one or more of the following themes:
- network and data connectivity within modes and to users
- infrastructure
- customer interaction and experience
Projects must be business-led and collaborative. It is expected that project will last between one and three years and range in size from £250,000 to £3 million
Small businesses could receive up to 70 per cent of their project costs, medium-sized businesses 60 per cent and large businesses 50 per cent. Companies can register until noon on 11th November 2015.
