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Innovation Funding
Verified source: gov.uk — Business finance supportLast verified 1 Jul 2026

DRIVE35 Funding Programme

Capital and R&D funding for the UK automotive industry in the design, development and manufacturing of zero-emission vehicles and their supply chain.

Trusted by UK small businesses

Key facts

Funding amount
£2.5 billion total, with £500 million for R&D to 2035
Deadline
Ongoing scheme
Region
UK-wide
Business type
Innovative businesses & R&D-led teams
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Plain English summary

DRIVE35 offers capital and R&D funding for UK businesses involved in the automotive industry, specifically focusing on the design, development, and manufacturing of zero-emission vehicles and their supply chain. This program is open to businesses of all sizes, from startups to established companies, across various regions of the UK. A total of £2.5 billion is available, with individual competition streams determining specific funding amounts.

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Who this is best for

  • Innovative businesses & R&D-led teams
  • Organisations based in UK-wide
  • Projects aligned with innovation funding
  • Teams seeking funding around £2.5 billion total, with £500 million for R&D to 2035

Who should not apply

  • Individuals applying in a personal capacity (unless explicitly permitted)
  • Applicants who cannot meet the official eligibility criteria below

Eligibility checklist

Tick what applies to your organisation before applying.

Official source

Funding body
gov.uk — Business finance support
Last verified
1 Jul 2026

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