BEIS opens £9m funding for energy entrepreneurs


moneyThe department for business, energy and industrial strategy (BEIS) has opened the next phase of the Energy Entrepreneurs Fund, inviting proposals to share in £9m of grants.

The fund aims to support the development and demonstration of innovative technologies and/or processes in the areas of energy efficiency, power generation, and heat and energy storage. A maximum of £1m is available to any single project.

Previous winners include battery storage manufacturer Cumulus, which says it will mass produce grid-scale batteries by 2018, and Open Utility, which following a trial, has signed a deal with Good Energy to use its peer-to-peer algorithm so that local firms can buy local renewable energy and reduce congestion on the distribution network.

How to apply

In order to stand a chance of funding, projects must meet the department’s definition of industrial research and experimental development, details of which can be found here.

The grants will be allocated in two phases: £4m in March/April 2017 and a further £5m in April/May.

Applicants for the first tranche must submit expressions of interest by 5pm 25 November, along with key project and contact details through an online survey at:

The deadline for the second tranche of funding is 5pm on 20th January 2016 via the same survey.

In addition to completing the expression of interest, applicants must also send an email by the deadline to stating the company name, project title and confirmation of intention to submit an application.

See guidance and further detail here.

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