The government is seeking companies to develop batteries for electric vehicles (EVs).
Innovate UK and the Office for Low Emission Vehicles (OLEVs) are providing up to £10 million to help a consortium develop a pilot line for the technology that could later be scaled up for commercial production.
The consortium should include a research organisation, at least two vehicle manufacturers, at least one industrial supply chain partner and at least one SME.
Small businesses could receive up to 70% of their eligible costs, medium-sized businesses up to 60% and large businesses up to 50%.
Total project costs are expected to range from £15 million to £20 million and last 12 to 18 months.
The global market for EV batteries is estimated to be around $25 billion (£16.8bn) by the end of the decade.
The competition opens on 20th April 2015.