Submissions open for Investor Partnerships: Clean Energy and Climate Technologies (UK)

Aims

• The aim of this competition is to provide you with support for research and development and access to the capital investment you need to develop and commercialise your innovations.

Specific Themes

• Your project must focus on technology and innovations that aim to deliver government commitment to clean energy for the UK and accelerating to net zero, helping the UK to prosper from the transition to net zero. This includes solutions and enabling technologies that make a significant contribution to mitigating climate emissions, across heat, power, mobility, manufacturing, materials, agriculture and food production systems.

Research Categories

• Innovate UK supports the following R&D categories:
  • fundamental research
  • feasibility studies
  • industrial research
  • experimental development

Funding Information

• For feasibility studies projects:
  • your total project costs must be between £50,000 and £300,000
  • the project duration must be between 6 and 12 months
• For industrial research projects:
  • your total project costs must be between £100,000 and £1 million
  • the project duration must be between 6 and 24 months
• For experimental development projects:
  • your total project costs must be between £250,000 and £2 million
  • the project duration must be between 12 and 24 months
• You will only receive grant funding from Innovate UK if you also receive a minimum level of aligned investment that has been led by your investor partner. The minimum level of investment will depend on the research level.

Ineligible Projects

• They are not funding projects that are:
  • not carried out by SMEs
  • collaborative R&D projects
  • not part of a company’s growth plan
  • unable to prove there is potential for return on investment and growth
  • large capital infrastructure
  • not invited by a specified investor partner
• They cannot fund projects that are:
  • dependent on export performance, for example, giving a subsidy to a baker on the condition that it exports a certain quantity of bread to another country
  • dependent on domestic inputs usage, for example, giving a subsidy to a baker on the condition that it uses 50% UK flour in their product

Eligibility Criteria

• Your organisation
  • This competition is open to single applicants only. To apply your organisation must:
    • be a UK registered micro, small or medium sized business (SME)
    • carry out its project work in the UK
    • intend to exploit the results from or in the UK
    • be invited to apply by your investor partner after they have submitted an expression of interest to Innovate UK
    • have discussed and agreed your proposal with your investor partner before submitting your application

For more information, visit Innovate UK.