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Innovation Funding
Verified source: Innovate UK Business Connect FundingLast verified 15 Aug 2026

DRIVE35 Scale-up Fund Drawdown 5

UK registered organisations can apply for a share of up to £150 million to create scale up manufacturing facilities for zero emission vehicle technologies.

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Key facts

Funding amount
Up to £150 million total fund; individual grants between £2.5 million and £20 million
Deadline
4 Nov 2026
Region
UK-wide
Business type
Innovative businesses & R&D-led teams
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Plain English summary

This fund offers up to £150 million for UK businesses to develop manufacturing facilities for zero-emission vehicle technologies. Projects should focus on pilot or demonstration scale facilities and aim to validate manufacturing capability and commercial viability, unlocking significant private investment in the process. The opportunity is suitable for businesses looking to expand their manufacturing for areas like electrical energy storage, electric machines, power electronics, and lightweighting materials.

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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 Up to £150 million total fund; individual grants between £2.5 million and £20 million

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
Innovate UK Business Connect Funding
Last verified
15 Aug 2026

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