23-07-2024
07-07-2021
LiNa wins prestigious commercially focused grant from UK Advanced Propulsion Centre
LiNa is delighted to announce that our recent bid to join the Advanced Propulsion Centre’s Technology Developer Accelerator Programme (TDAP) was successful.
The Advanced Propulsion Centre (APC) works with government, industry and academia to accelerate the transition to net-zero emission vehicles through its management a £1 billion investment fund, provided jointly by the automotive industry and the UK government. TDAP specifically advances low-emission technologies toward commercialisation through the award of funding and business-development support to UK developers of low-carbon emission powertrain technologies.
LiNa’s success came after a highly competitive process that included an in-depth interview by a panel of experts from industry and government. Only 10% of applicants were successful.
We are delighted to be working with LiNa Energy as part of our Technology Developer Accelerator Programme (TDAP). The past 12 months have been difficult for the automotive sector, with COVID-19 and shortages of some key materials, it’s been challenging for all parts of the supply chain, not least those small to medium enterprises trying to turn their green automotive innovation into a commercially viable product.
The technology developed by companies like LiNa could play a crucial role in the automotive industry’s net-zero carbon future. We are excited to support them on their journey of ensuring their innovative technology becomes commercially viable.
– Josh Denne, Head of SME Programmes at the Advanced Propulsion Centre
The grant of £135K started on 1 July 2021. LiNa receives a program of bespoke business-development activities targeted to meet end-user requirements. Participation in TDAP ensures LiNa is extremely well placed to exploit much larger future UK grant and investment opportunities. Furthermore, the grant is tailored to make important introductions to key stake holders in industry, commerce, government policy makers, regulators, legal and financial experts.
Gene Lewis, CEO of LiNa stated: The bespoke program arranged for us by the TDAP team has been very precisely targeted. They have already assisted with important industry introductions, and I have no doubt our participation in TDAP will accelerate our commercialisation goals. Importantly, winning this grant provides further validation from top-levels of industry and government about the potential of LiNa’s game-changing technology.”
