Financing available for innovative projects in railway construction
Innovators from across the UK are invited to submit proposals for the ‘Innovation in Rail Construction’ competition. £7.44m is being earmarked for ideas that can be tested at the Global Rail Center of Excellence in South Wales. The competition is run by Innovate UK in conjunction with GCRE and the Department of Business, Energy and Industrial Strategy. It is reported by the Railway Supply magazine with reference to the Railway Gazette.
Applications for the first phase close at 12:00 pm on December 14, with funding available for feasibility studies of up to £25,000. This will be followed by a second phase inviting the successful projects of the first phase. Participants will be able to develop and showcase their innovations.
“When it begins operation in 2025, GCRE will be a facility that enables world class research and testing of new infrastructure, rolling stock and rail technology right here in the UK’, said Chief Executive Simon Jones on December 8. ’It will be a one-stop shop for the industry, providing an innovation space quite unlike any other in Europe, filling a critical gap in rail that can help reduce costs in the industry and support decarbonisation.
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