Government offers £7.9m funding for rail tech innovators
The Government is offering companies a slice of a £7.9m funding pot for the development of new technology to improve the UK’s rail network.
The next round of the Accelerating Innovation in Rail (AIR) scheme, run by the Department for Transport (DfT) and Innovate UK, is calling on businesses to help improve the railway experience for passengers.
Lightweight energy-saving carriages, software that alerts passengers to busy incoming trains, and a system that predicts when potential breakdowns might occur are among the projects to have won funding in previous rounds.
Rail Minister Paul Maynard said: “We want to see ideas that improve reliability on the network for passengers. We have a wealth of pioneering, innovative companies out there ready to put their ideas into practice.
“This is about nurturing innovation on the railways and about developing trains that are less reliant on complex and expensive infrastructure.”
He continued: “We want to tap into these inventive and ground-breaking ideas for the benefit of rail passengers across the country, and to support the biggest modernisation programme in rail since the Victorian era.”
The launch of the AIR scheme’s latest round came as Trainline, the ticket retailer and train travel app, announced plans for a new tool enabling travellers to see when Advance ticket prices will increase.
DfT said the competition is open any sized firm, but all entries must be collaborative and involve at least two organisations, one of which must be an SME.
AIR entries will be accepted from September 18 to November 15.
Looking to promote your product/service to SME businesses in your region? Find out how Bdaily can help →
Enjoy the read? Get Bdaily delivered.
Sign up to receive our popular morning National email for free.
The value of using data like a Premier League club
Raising the bar to boost North East growth
Navigating the messy middle of business growth
We must make it easier to hire young people
Why community-based care is key to NHS' future
Culture, confidence and creativity in the North East
Putting in the groundwork to boost skills
£100,000 milestone drives forward STEM work
Restoring confidence for the economic road ahead
Ready to scale? Buy-and-build offers opportunity
When will our regional economy grow?
Creating a thriving North East construction sector