DECC offers £10m boost for energy entrepreneurs

Innovative low-carbon energy entrepreneurs can now apply for the latest £10m of DECC grant funding aimed at commercialisation

UK entrepreneurs in small and medium sized companies are now eligible for a share of £10m DECC funding aimed at bringing new and innovative energy efficient products to market.  

The initiative, launched by energy and climate minister Greg Barker on 28 January, invites firms in the energy efficiency, building technologies, power generation and energy storage sectors to bid for funding of up to £2m each.

Preference will be given to “state of the art technologies that could bring down the cost of consumer bills and reduce carbon emissions”. Judges will look particularly for entries that are commercially viable, able to cut costs of existing technologies and those offering future carbon savings.

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