Energy Entrepreneurs Fund: phase 9

Key Features

The Energy Entrepreneurs Fund 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, and security of supply.

Programme:     BEIS

Award:     Share of up to £10 million

Opens: 25th Mar 2022

Closes: 11th May 2022

! This scheme is now closed

Overview

Phase 9 of the Energy Entrepreneurs Fund 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 and security of supply.

Scope

The scheme seeks the best ideas, irrespective of source, in these areas from the public and private sector. In particular it aims to assist small and medium sized enterprises (SMEs), including start-ups.

Successful applicants will receive Acceleration Support alongside their grant to help them progress towards commercialisation.

Applicants will be expected to demonstrate that their project proposals meet the definition of either Industrial Research, Experimental Development, or a Feasibility Study. Funding levels will vary for each project type according to conditions as set out in the guidance notes.

Eligibility

Only one proposal per lead company may be submitted. Companies can apply for up to £1m grant per proposal, depending on the subsidy requirements outlined in the guidance notes.

During the application process, applicants will be expected to demonstrate a robust evidence based case for funding, which will include but not be limited to:

  • The potential impact of the innovation on 2050 Net Zero targets or security of energy supply
  • The technical viability of their innovation and a coherent development plan that will commercially progress the innovation
  • Value for money, including cost reduction potential
  • The size and nature of the business opportunity

Funding Costs

BEIS are now launching Phase 9 of the EEF with 10m in grant funding available. Of this £10m funding, £1m has been preferentially allocated to projects based in Cornwall; this allocation is to reflect the important part that Cornwall played in hosting the G7 meeting in 2021 and will aim to help create a positive legacy from it.

Only one proposal per lead company may be submitted. Companies can apply for up to £1m grant per proposal, depending on the subsidy requirements outlined in the guidance notes.

For further information, see guidance notes here

Interested in applying for this competition?

Book an appointment to speak to one of our advisors to discuss your eligibility to apply for this Grant Funding opportunity.