£7 million tech fund to decarbonise freight and boost innovation
The Department for Transport has announced a £7million fund for innovative technology to decarbonise freight and improve transport links. The funding will allow scaling up and rolling out of innovative technology across the industry.
The freight innovation fund is being awarded to up to 36 small and medium-sized enterprises. They will work with industry-leading companies, to develop innovations to make freight more efficient, resilient and greener. As well as ways to improve how freight moves between rail, road and maritime.
The fund will allow innovators to test their ideas and ways of working to unlock effiencies and emissions reductions across the sector.
Roads Minister Richard Holden said: "This fund will accelerate new ideas and technologies, helping to develop a future pipeline of innovations that can be rolled out to create jobs and allow everyone to get their goods faster and easier."
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