The Automotive Council has no role in facilitating access to finance. The following information is intended to act as a signpost to some of the wide range of funding options available.
The Automotive Transformation Fund (ATF)
The Automotive Transformation Fund is supporting the rapid growth of the UKs EV supply chain. Find out more here.
The Office for Investment
If you are considering major investment in the UK Automotive Sector, the Office for Investment may be able to provide support and advice. Find out more here.
Finance and support for your business
The are a range of schemes available from the Department for Business, Energy and Industrial Strategy. Find out more here.
National Tooling Loan Fund
The National Tooling Loan Fund is open to eligible manufacturing businesses working within any sector, including automotive. With investment available from £50,000 to £2m, FDC supports existing businesses to design, develop and manufacture tooling required for new and confirmed orders. Find out more here.
SMMT Funding and Support Guide
A comprehensive list of funding, finance and support schemes is available for download, for members only, at the SMMT website here.
Support from the Devolved Administrations
The Devolved Administrations have their own business support programmes and businesses in those locations should contact them directly.