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Companies invited to submit projects for aerospace funding

Companies have been urged to submit projects to potentially secure a share of funding to help keep the UK at the cutting edge of the global civil aerospace industry.

The Aerospace Technology Institute (ATI), the Department for Business, Energy and Industrial Strategy and Innovate UK will invest up to £150m in innovative aerospace projects this year.

The funding is part of a £3.9bn joint investment between government and industry and run by the ATI. Investments will be made in projects that promote competition and innovation in the aerospace sector.

Projects are sought that will strengthen the UK’s capability in whole-aircraft design and system integration; develop advanced, connected aircraft systems technologies; make the UK a global leader in the development of large complex structures; and advance more efficient, next-generation propulsion technologies.

Bidders are also asked to demonstrate how their project would provide value for money, create benefits in jobs and training, and their potential within the industry.

Companies have been invited to submit ideas for projects, with successful applicants able to apply for funding in the next stage of the competition.