This is a competitive funding scheme to support the development and demonstration of state of the art technologies, products and processes in the areas of energy efficiency, power generation and heat and electricity storage.
The Energy Entrepreneurs Fund seeks the best ideas, irrespective of source, across these energy technology areas from the public and private sector. The scheme particularly aims to assist small- and medium-sized enterprises, including start-ups, and those companies that are selected will receive additional funding for incubation support.
Phases 1 and 2
The first phase of the Energy Entrepreneurs Fund was open from 23 August to 31 October 2012. Under this phase, £16million was awarded to 31 projects. Following the second call on 13 June 2013, a further £9m was awarded to 20 projects. A full list of the projects who have received EEF grants to date is available on the Innovation Funding pages.
Phase 3
The remaining £10m is now available for projects up to March 31st 2016. Full details on how to apply, and deadlines for registration and submission of applications, is in the guidance notes.
During the application process, applicants will be expected to demonstrate a robust evidence based case for funding, that will include but not be limited to:
- the potential impact of the innovation on 2020 and/or 2050 low carbon targets or security of supply
- the technical viability of their innovation and coherent development plan that will commercially progress the innovation
- value for money
- the size and nature of the business opportunity
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