Energy Entrepreneurs Fund phase 9
The Department for Business, Energy & Industrial Strategy (BEIS) has launched phase 9 of the Energy Entrepreneurs Fund (EEF9) supporting the development of technologies, products and processes to reduce greenhouse gas emissions and security of supply.
The competitive funding scheme supports the development and demonstration of state of the art technologies, products and processes in the areas of energy efficiency, power generation, heat generation, energy storage, reducing greenhouse gas emissions and security of supply.
The scheme seeks the best ideas, irrespective of source, in these areas from the public and private sector. In particular it aims to assist small and medium sized enterprises, including start-ups.
Successful applicants will receive Acceleration Support alongside their grant to help them progress towards commercialisation.
Up to £10 million in grant funding is available in EEF9. Of this, £1 million has been allocated to projects based in Cornwall, to reflect the important part played by Cornwall in the 2021 G7 and aiming to create a positive legacy.
Rebecca Heap, Senior Research & Development Manager within Beavis Morgan’s Research & Development (R&D) Tax Relief team, explains: “There is a huge variety of government support and incentives available to businesses to support their innovations and projects. It can be very challenging for businesses to keep on top of what is available and relevant. Our team look to align opportunities and obtain additional funding for our clients, making them aware of the various schemes available and enabling government support to be more accessible”
For further information or to arrange a no obligation preliminary meeting on how your company could qualify under the R&D Tax Relief scheme, please contact Rebecca Heap, Steve Govey or a member of our R&D Tax Relief team.
See: Apply for the Energy Entrepreneurs Fund: phase 9 – GOV.UK (www.gov.uk)