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Reimagining railways: innovation funding announced
In a message to the Railway Industry Association’s Innovation Conference, Rail Minister Paul Maynard announced up to £9 million to support UK businesses as part of a new innovation competition to develop solutions for national and international railways.
The funding is being made available by the Department for Transport (DFT) through Innovate UK.
The competition aims to help deliver the industry’s Rail Technical Strategy and its Rail Capability Delivery Plan for 2017, which outlines the joint industry vision for using technology to create better railways.
It will invite applications on 2 priority areas that:
- create high-value, low-cost railway innovations, which increase the value of rail services to passengers while driving down operational expense
- improve customer experience through station design and performance
For the travelling public this should mean a more sustainable rail industry that offers better services, better journeys and better value.
Find out more about this competition and apply here