The Carbon Trust is managing the £9.2 million Industrial Energy Efficiency Accelerator (IEEA), designed to strengthen the global competitiveness of British industry. The IEEA aims to lower costs and increase the number of available energy efficient technologies for a range of industrial sectors.
Award: Share of £9.2 million
Opens: 1st Feb 2019
Closes: 30th Apr 2019
The IEEA is a funding programme designed to support partnerships between developers of energy efficient technologies and industrial companies willing to test technologies on-site. The programme is open to projects from all UK industry sectors that can demonstrate either a novel technology (targeting Technology Readiness Level 5-8), or the use of an established technology in a novel way.
The intention of the programme is to help developers and industrial partners to overcome the barriers to demonstration of potentially viable projects, predominantly through the provision of funding. To apply for a grant from the IEEA, the project should be at least at Technology Realisation Level (TRL) 5 before the contract is awarded, with a formalised plan in place to move the technology towards commercialisation via demonstration.
Applications for funding through the BEIS IEEA should be made on a collaborative basis. You may be in a position where you have a technology ready, but have not yet identified an industrial partner, or you may be an industrial company seeking an innovator to solve a process problem.
Applicants should ensure up-front that all parties in a partnership or group are agreed with regards to intellectual property and physical assets following project completion.
Please note that your technology must be ready to be trialled in a demonstration when you apply.
To be successful, your application must clearly demonstrate:
The Carbon Trust can advise you on whether your idea is within the programme scope. Some considerations include:
A total of £9.2m in funding will be available through the programme, primarily for funding demonstration projects.
Successful applicants should expect to receive between 40-60% of required funding for their project, with IEEA contributions typically between £150,000 and £1,000,000 per project – the remainder to be provided by the applicant.
There is scope for a small number of exceptional projects to receive more than £1,000,000.