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Funding

Published on: 25.02.2025

TFW x Media Cymru Lab

Accelerator programme designed to support creative Welsh businesses and entrepreneurs in developing cutting-edge innovations for the transport sector.

Applications open: Thursday 27 February 2025

Applications close: Wednesday 2 April at 12:00

Overview

Transport for Wales (TfW) and Media Cymru are joining forces to launch an exciting new accelerator programme, designed to support Welsh businesses and entrepreneurs in developing cutting-edge innovations for the transport sector.

The 10-week programme will provide expert-led training, delivered by the Lab by TfW team and PDR – a world-leading design consultancy and applied research facility to help start-ups turn ideas into scalable, market-ready solutions. Participants will have the unique opportunity to test and deploy their solutions directly within Transport for Wales, with a focus on solving key industry challenges.

Why should I apply?

Participants will benefit from:

  • Access to funding of up to £30K (TfW) and £50K (Media Cymru)
  • Specialist R&D training to refine and develop their ideas
  • Expert mentorship and industry support
  • The opportunity to deploy their innovation with Transport for Wales 

Scope

Media Cymru is seeking applicants to tackle the following media-specific challenge areas (must be based in Wales):

  • Supporting tourism via the transport network
  • Strengthening the use of the Welsh language across the network
  • Creating mixed-media experiences to improve commuter journeys
  • Promoting the brand and/or offering using new forms of media
  • Attracting people to use the network via new media.

Transport for Wales is seeking applicants to tackle the following transport-specific challenge areas:

Revenue Generation and Cost Efficiency

  • Identifying new revenue opportunities
  • Designing cost-effective solutions
  • Leveraging AI to enhance operations

Modal Shift and Engagement

  • Encouraging more people to use sustainable transport
  • Developing an integrated, sustainable transport system

Operational Excellence

  • Improving rail and bus performance
  • Enhancing safety for passengers and staff
  • Strengthening climate resilience

Eligibility criteria

This Lab by Transport for Wales is open to creative businesses, start-ups, and entrepreneurs with innovative ideas.

Key Dates

  • Challenge Launch – Thursday 27 February
  • Challenge Close – Wednesday 2 April at 12:00 BST
  • Shortlisting – Wednesday 2  April – Friday 4th April
  • Pitch Week & Selection – w/c Monday 7th April
  • Supplier Communication – w/c Monday 14th April
  • Programme Start – w/c Monday 28th April
  • Demo Day – w/c Monday 30th June

How to apply

Applications are now live via TfW Lab’s website.