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Technology R&D funding available for motorsport companies from £100 million DTI fund

4th April 2007 (Source: EEMS )

The DTI has announced a further £100 million for UK business to research and develop new technologies, and EEMS, the Energy Efficient Motorsport programme, is organising a motorsport-specific workshop at the DTI launch event on 20 April.

The Collaborative R&D Competition, part of the DTI-led Technology Programme, will provide funding to the most innovative, marketable projects which will boost the UK economy. The Spring 2007 competition opens on 24 April 2007 and contains several areas of direct relevance to the motorsport industry:

  • £40 million for advanced manufacturing projects - including design engineering technology to boost competitiveness and sustainability
  • £15 million for energy technologies - both renewable low-carbon options and ensuring the continued production of hydrocarbon reserves
  • £15 million for lightweight materials

The Technology Strategy Board is holding a 'dissemination event' on 20 April 2007 at the National Motorcycle Museum in Birmingham. This event will include detailed information on the collaborative R&D competition and the key technology areas.

In order to help motorsport companies receive this R&D funding, EEMS will be running a specific motorsport networking workshop in the afternoon following the main programme. This will be an excellent opportunity to identify potential partners that can help motorsport companies to benefit from this major support opportunity.

For more information on the event and to register please go to the DTI Technology Programme web site.

-ends-

Media enquiries to Janice Minton, EEMS press officer
Tel , mobile ,

Information on the EEMS seminar from Moira Mathers, EEMS,
Tel 0,

EDITOR’S NOTES

EEMS is an industry initiative whose vision is to work with the UK motorsport industry to put energy efficiency at the heart of modern motorsport. By stimulating the use of more sustainable technologies and fuels, EEMS aims to ensure that the automotive and motorsport industries benefit from the new opportunities that arise in the development of energy efficient competition now and in the future. EEMS is backed by Government through Motorsport Development UK, a public private partnership supported by four regional development agencies and the DTI.

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