Silicon Valley innovation platform Plug and Play is helping start-ups to develop their connected and autonomous vehicle (C/AV) technology in the UK.
The US outfit has joined with Zenzic - the organisation which aims to boost UK C/AV development - as part of the CAM Scale-Up Programme which seeks to give opportunities to likely candidates for testing and safety validating in various UK CAM Testbed facilities.
It will give promising start-ups and small firms access to a share of £500,000 in grant funding from the Centre for Connected and Autonomous Vehicles to help cover costs in accelerating their products to market.
Selected companies will be entered into Plug and Play’s portfolio management system, which offers expert mentoring, links to European and US corporate and venture capital partners, as well as the chance to present at a Plug and Play Summit to help generate inward investment.
Daniel Ruiz, CEO of Zenzic, said the programme "will enable SMEs and start-ups already working in these sectors to deliver their innovative products to market much faster, and facilitate SMEs in adjacent sectors to pivot solutions into this market".
Seena Amidi, MD of Plug and Play, adds: "We are firm believers that innovation at scale can be achieved through partnerships between corporations, innovative startups, government and academia."
Companies interested in signing up can email their interest to [email protected]
