£5m funding open to businesses to help the UK PEMD industry scale-up

Posted on 3 Nov 2022 by The Manufacturer

Manufacturing businesses in the UK 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…

This content is for subscribers only. Subscribe now for free to read the full article.