Competition offering £10m prize to efficiency-boosting firms


 

A competition offering £10m of funding to firms that can develop ways to move freight and people more efficiently is attracting strong interest. The competition, dubbed “Enhancing the end-to-end journey”, was launched by government agency Innovate UK in August this year. It aims to cut traffic congestion by making journeys and freight delivery more efficient. Innovate UK predicts traffic congestion will cost the UK economy £300bn over the next 16 years. Industry interest has been so strong that Innovate UK […]