The Faraday Institution aims to maximise the benefit of the new technologies and knowledge developed through our programmes. With this in mind, we are offering financial and business support to members of research teams that have made progress on a technology to accelerate its commercialisation.
Faraday Institution Entrepreneurial Fellowships are intended to facilitate the creation of new business opportunities that have emerged from Faraday Institution research programmes or other closely related activities. The fellowship will provide seed funding, business support and mentoring to maximise the potential of success and accelerate the spin-out process. The Faraday Institution will work closely with other technology transfer offices and funders throughout the period of the Fellowship.
Entrepreneurial Fellowships are offered with funding in the range of £50,000 to £100,000 initially. Faraday Institution expects to award approximately 5 Fellowships per year but this will be reviewed in light of demand.
Fellowships are available for a period of 3-12 months to reflect the needs of each opportunity.
Applicants must be UK researchers who wish to create or investigate the possibility of creating businesses through spinning out technology from Faraday Institution research projects. We will also consider applications from recent spin-outs or research teams from technology related to The Faraday Institution scope of energy storage and conversion.
More about the Faraday Institution
The Faraday Institution is the UK’s independent institute for electrochemical energy storage science and technology, supporting research, training, and analysis. We bring together scientists, industry partners, and government funding with a common goal. We invest in collaborative research to reduce battery cost, weight, and volume; to improve performance and reliability; to develop scalable designs; to improve our manufacturing; to develop whole-life strategies from mining to recycling to second use; and to accelerate commercialisation.
Bringing together expertise from universities and industry, and as part of the Faraday Battery Challenge, the Faraday Institution endeavours to make the UK the go-to place for the research, development, manufacture and production of new electrical storage technologies for both the automotive and the wider relevant sectors.