£10 Million Energy Entrepreneurs Fund - Phase 7 Open for SME Bids - Deadline Imminent

 

The seventh phase of the Government's Energy Entrepreneurs Fund is open to applications, with £10 million available for allocation.

Administered by the Department for Business, Energy & Industrial Strategy (BEIS), the Fund is designed to support the UK businesses operating in the green energy sector to propose low carbon ideas of the future.

The Fund will provide financial assistance to businesses in order to help them develop and demonstrate state of the art technologies, products and processes in the areas of energy efficiency, power generation, and heat and electricity storage. Businesses will also be able to access support from experts on how to bring their products to market.

A total of £10 million is available for projects in phase 7, with up to £1 million available for projects up to £250,000.

Up to £1 million of the £10 million available grant funding will be ring fenced for smaller projects with a total value up to £250,000. The remaining funding will be used to fund projects with a total value greater than £250,000.

The EEF is open to applications for innovative technology development and demonstration projects in the areas of energy efficiency, power generation, heat and electricity storage.

Expressions of Interest are now being accepted until 1pm on 3 August 2018. The deadline for full applications will be 1pm on 14 September 2018.

Click to view further information about this news alert