£10 million boost for SME energy innovation
British entrepreneurs are set to benefit from a share of £10million to help bring new and innovative energy efficient products to market, Minister of Energy and Climate Change Greg Barker announced today.
Small and medium size enterprises within the energy efficiency, building technologies, power generation and energy storage sectors are invited to bid for funding of up to £2million under the Government’s Energy Entrepreneurs Fund.
Support will be given to state of the art technologies that could bring down the cost of consumer bills and reduce carbon emissions, such as ground source heat pumps, and energy from waste technologies.
In addition to funding, the winning companies will also receive advice from commercial experts on how to attract investment to bring their products to the market.
Read the full news release on GOV.UK