DRIVE35 Scale-up Fund
Closes in 23 days
Applications close 2026-11-04.
Drawdown 5 pot up to GBP 150 million. Per project grant request must be GBP 2.5 million-20 million, total eligible costs over GBP 5 million; grant up to 50% of project costs for an SME, 30% for a large business.
You must co-fund 50%. Work out the cash you need
Department for Business and Trade / Advanced Propulsion Centre / Innovate UK
public · national
Deadline: Fixed cut-off dates — Delivered as sequential 'drawdowns'. Drawdown 5 opened 10 August 2026 and closes 4 November 2026.
This funder does not publish a success rate. We rank it using the rate observed across similar programmes and label it as an estimate rather than implying we know.
Quick — mostly identity and bank details.
You fund 50% yourself.
Who can apply
- Sectors: mobility, manufacturing, energy
- Stage: growth
- Locally registered entity required
Aimed at capital scale-up, typically beyond seed-stage startups; DRIVE35 replaced the Automotive Transformation Fund.
Related reading: How grant deadlines actually work · The Companies House number, explained
"Competition opens: Monday 10 August 2026 - Competition closes: Wednesday 4 November 2026 11:00am"
Last checked against the official page on 5 October 2026
Source: apply-for-innovation-funding.service.gov.uk
Report an error Something wrong or out of date? Tell us.
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