Government Launches Phase 9 of the Energy Entrepreneurs Fund
£10 million is available for the UK’s energy entrepreneurs to realise their ambitions for new energy efficiency, power generation and storage technologies.
The Energy Entrepreneurs Fund (EEF) is a competitive funding scheme which supports the development and demonstration of state-of-the art technologies, products and processes in the areas of:
- Energy efficiency
- Power generation
- Heat generation
- Energy storage
- Reducing greenhouse gas emissions
- Security of supply
The Fund seeks the best ideas, irrespective of source, across the above mentioned energy technology areas from the public and private sector.
Up to £10 million in grant funding available is available through EEF phase 9, supporting between 15 and 20 projects, with each successful bidder receiving up to £1 million. The maximum total value for each project must not exceed £2.5 million.
The scheme particularly aims to assist UK based small and medium-sized enterprises, including start-ups, and those companies that are selected will receive additional funding for incubation support.
Energy Minister Greg Hands said:
‘The Energy Entrepreneurs Fund is backing the next generation of inventors and innovators to drive forward cheap and reliable low-carbon technologies, create jobs and reduce our reliance on expensive fossil fuels.’
The deadline for applications is 11 May 2022 (14:00 BST).
(This report was the subject of a GRANTfinder Newsflash.)