Businesses invited to apply for energy research funding
Businesses have been invited to apply for a share of £13mn for innovative projects that address the issues of cost, emissions and security of supply in the new round of Energy Catalyst funding from Innovate UK. The support will go to “innovative market-focused projects” in the energy sector in both the UK and developing countries. The competition aims to help UK businesses in taking advantage of the opportunities presented by the challenges facing the energy sector. There are three award types for projects that are at an early, mid or late stage of development. This is the fifth round of Energy Catalyst funding, with over 200 projects with a total value of £200mn having already been funded over the course of the previous four rounds.