- £11 million government funding for UK’s energy entrepreneurs to turn ideas into clean, green technologies that eliminate carbon emissions
- previous projects include tech to anchor floating offshore wind turbines, using ash waste in glassmaking and new solar heating systems, benefiting from grants of £72 million in total since 2012
- funding supports the UK’s commitment to cut carbon emissions, level up the whole country and create new jobs as we build back better from the pandemic
UK Net Zero Business Champion, Andrew Griffith said:
I am thrilled to welcome the next stage of this excellent scheme, which is harnessing the creativity of British entrepreneurs to protect both the planet and UK industry by large and small innovations alike.
This is another great step from our government, investing in the jobs of the future and the next generation of UK business who will lead the world in eliminating emissions from industry and driving forward our green industrial revolution.
UK Government Minister for Scotland, David Duguid said:
The UK government celebrates entrepreneurship. We are committed to rewarding innovation and hard work. Entrepreneurs bring solutions to problems, such as climate change, whilst creating new jobs and supporting our economic recovery from coronavirus.
With a long history of innovation, it is no surprise Scotland is producing lots of really exciting startups – including previous Scottish recipients of the Energy Entrepreneurs Fund.
I encourage Scotland’s energy entrepreneurs to apply for a share of this £11 million UK government funding as we seek to build back better ahead of COP26 in Glasgow later this year.
Secretary of State for Wales, Simon Hart said:
The chance to share in this funding is fantastic news for promising Welsh energy entrepreneurs. The UK government is committed to achieving net zero carbon by 2050. We will do so by investing in pioneering projects, people and businesses, creating green jobs and opportunities for people across Wales.
Secretary of State for Northern Ireland, Brandon Lewis said:
Northern Ireland is a nation that embodies entrepreneurial spirit and is at the forefront of our efforts to cultivate a more environmentally sustainable future across the United Kingdom. With a share of this new £11 million investment, Northern Ireland’s entrepreneurs will be able to help supercharge the United Kingdom’s ‘Green Economy’, as we continue to work towards our goal of reducing our emissions to net zero by 2050.
Northern Ireland based projects such as Senergy Innovations and Minesto have already developed cutting edge technologies to harness natural resources for energy, a testament to our extraordinary local talent. I encourage all our budding entrepreneurs to apply for this scheme to help us build back greener from the coronavirus pandemic.
Tom White, CEO C-Capture, said:
Innovations in carbon capture technology are vital in helping the UK achieve its net zero target. Energy Entrepreneurs funding enabled C-Capture to further develop and deploy its technology, to demonstrate the performance and cost advantages which will be advantageous to companies seeking to decarbonise their operations.
The support we have received from the UK government has been of fundamental importance in developing a technology has the potential to capture millions of tonnes of CO2 per year.
John Blower, CEO Energy Transitions Ltd, said:
The Energy Entrepreneurs Fund acted as a catalyst that enabled us to take forward our Steel Zero solar façade from concept towards market readiness.
BEIS’ support, both through the Energy Entrepreneurs Fund grant and the associated ‘Incubation Support’, which has assisted us in a range of areas, including branding, licensing and marketing, has had a transformational effect and helped us establish a platform from which we aim to create a global clean technology business.
John Baross, managing director Axis Energy Projects, said:
Axis Energy Projects was pleased to have received a grant from the Energy Entrepreneurs Fund. It allowed us to progress our low-cost anchoring method for floating offshore wind turbines not only on the UK Continental Shelf but on a global basis.
Such was our progress that we can now focus on offshore wind farms and on decarbonising existing and new offshore oil and gas production facilities. This would not have been possible without the grant award.
Christine Boyle, CEO Senergy Innovations, said:
For Senergy, the Energy Entrepreneurs Fund programme brought the perfect combination of critical early-stage funding and business acceleration support. The network of academic and business experts that were brought together to support our innovation journey was key to our success.
The wealth of experience both within CLT, the programme partner companies, and the international organisations they collaborate with, was key to delivering our early commercial success. A fantastic opportunity to turn an entrepreneur’s idea into a global opportunity.
In 2019, the UK became the first major economy to legally commit to ending its contribution to global warming by 2050. This commitment has been reinforced by the Prime Minister’s ten point plan and the Energy White Paper, published in 2020.