The Department for Business, Energy and Industrial Strategy (BEIS) is to invest up to £44 million (excluding VAT) to establish an advanced modular reactor (AMR) feasibility and development programme.

The competition has 2 phases:·

• Phase 1: funding (up to £4 million, excluding VAT) to undertake a series of feasibility studies for AMR designs. Contracts are worth up to £300,000 (excluding VAT) and will last up to 8 months
• Phase 2: subject to further approval, up to £40 million (excluding VAT) could be available for selected projects from phase 1 to undertake development activities

This is an SBRI competition being run through Innovate UK, where successful applicants can receive 100% of their eligible costs.

During the webcast you will hear about:

• The background and objectives of the competition
• The technical scope
• The application process for Phase 1
• Key dates