Key Features
Organisations can apply for a share of up to £30 million exclusive of VAT, for collaborative Discovery Phase Projects that meet the Round 5 challenges. This funding is from the Ofgem Strategic Innovation Fund.
Programme: Ofgem
Award: Share of up to £30 million
Opens: 26th Jan 2026
Closes: 25th Feb 2026
Innovate UK in partnership with Ofgem are funding the Strategic Innovation Fund which aims to deliver net zero at the lowest cost to consumers and supports innovative business to grown and scale.
Each round 5 Innovation Challenge listed in the Strategic Innovation Fund document has different aims.
You must select the challenge your project is working on. There are seven challenges in the Discovery Phase. These are:
Successful applicants will be invited to apply for the Alpha Phase.
The award has been designed to be provided on a no subsidy basis, as defined in the Subsidy Control Act 2022. Projects must have a total eligible Strategic Innovation Fund requested funding of no more than £150,000. Projects must provide a minimum of 10% of the total project costs as compulsory contributions from private funds and start after 1st May 2026. Projects need to end by 30th September 2026 and be completed within a five month window.
Ofgem will not fund projects that do not meet the requirements of the SIF Governance Document.
Up to £30 million in grant funding has been allocated across the seven challenges in the Discovery Phase.
Ofgem reserve the right to make the final decision as to which Projects are funded.
At the end of Discovery Phase all milestones detailed in the Project Direction must be fulfilled. The successful organisation will be invited to submit an application into the Alpha phase and a further assessment will take place.
Book an appointment to speak to one of our advisors to discuss your eligibility to apply for this Grant Funding opportunity.