29.08.24 BIRMINGHAM, Connected Places Catapult, the UK’s innovation accelerator for cities, transport, and place leadership, has today announced 19 small- to medium-sized enterprises (SMEs) selected to join the Clean Futures accelerator programme in the West Midlands.
Now in its second year, the accelerator has already supported 20 SMEs through the first year’s cohort. 18 out of 20 companies participating in the first year have entered serious discussions with new customers about their innovations. £2.6 million has so far been secured for SMEs through contracts or research and development funding; with a further £43 million in the commercial pipeline. So far, £1.3 million has been raised in private investment, with a further £27 million pending.
The companies chosen to join this year’s new cohort will each receive up to £50,000 to trial their solutions over the next six months. Their solutions respond to challenges associated with the rail and automotive manufacturing sectors. These include clean and efficient vehicle manufacturing and assembly design; the production of cost-effective solutions for clean transportation infrastructure; and the production, transport, and storage of alternative fuels such as hydrogen or biofuels.
Alongside funding, the accelerator will also provide the businesses with bespoke technical and commercial support, utilising expertise and cutting-edge facilities at the BCIMO in Dudley and the Institute for Advanced Manufacturing and Engineering at Coventry University. The cohort will also be provided with networking and showcasing opportunities to connect with industry and financial partners.
The companies selected are:
Aeroforge
Alucast
Composite Braiding Ltd
EnginSoft UK Ltd
Extend Robotics
GBR Rail Ltd
Geospatial Ventures
Grinsty
Integrated Systems Engineering
LiBatt Recycling
MOLE
Moasure
Moonbility
OX Delivers
Raeon Ltd
Taraz Metrology Ltd
Treeva
Unipart Powertrain Applications
Vanguard
