University teams up with NatWest to launch clean transport accelerator
A partnership between NatWest and WMG at the University of Warwick has launched a Clean Transport Accelerator to support businesses which are part of the mobility sector to develop products and services that will play their part in achieving the UK’s net-zero goals.
The first cohort of the programme will help 10-15 businesses through education, events, networking and coaching.
They will also have access to experts and equipment to help them accelerate their innovations to the market and demonstrate an impact in the pursuit of net zero goals.
Applicants can be from anywhere across the UK and cover a range of businesses, whether they are based within supply chains, are fuel providers, want to develop new means of transport, or be focused on specific transport such as light rail, cargo delivery or scooters.
The programme will be delivered jointly by NatWest and WMG, University of Warwick. NatWest will provide an enterprise acceleration manager with coaching, access to its accelerator growth events and access to work space, as well as learning hubs at the University of Warwick and Birmingham.
The University of Warwick will provide access to clean energy, manufacturing, automotive and connected experts at WMG and their HVMC (High Value Manufacturing Catapult), as well as the tools to validate and test any equipment designed by the businesses and access to co-working spaces on Campus.
Professor David Greenwood, CEO of the High Value Manufacturing Catapult (HVMC) at WMG, University of Warwick, said: “The drive to net zero has opened up new and exciting opportunities for innovation in the transport sector. Together with NatWest, we’d like to ensure that the UK delivers economic benefits as well as environmental benefits as we meet this critical objective. This programme is aimed to support small and innovative companies as they build and scale up their products, services and business models.”
Richard Hill, head of automotive and manufacturing at NatWest, said: “NatWest has set out a clear ambition to play a leading role in helping to address the climate challenge, and so we are thrilled to be working with the University of Warwick to offer clean transport businesses a fast-track to delivering on the UK’s green goals.
“Packed with experts, access to equipment, networking opportunities and funding advice, the Clean Transport Accelerator is a must for any business keen to scale up their next step. I look forward to seeing the innovative and exciting businesses that we support.”
The deadline for applications is the 11th April 2022.
