CLT is a framework provider to DECC specifically to provide commercialisation support services for the Energy Entrepreneurs Fund, a £35 million grant programme for cleantech innovation. CLTs role has included:
- Designing a venture planning method to prioritise support to help commercialise the outputs of grant funded projects.
- facilitating planning sessions with sucessful grant applicants, and preparing a incubation support plan for the company and DECC.
- collaborating with other DECC EEF Framework suppliers to deliver support services to the grant applicants
The Energy Entrepreneurs Fund is part of a wider DECC Low Carbon Innovation initiative:
- DECC aims to invest £150 million into development and demonstration of low carbon technologies over the next 3 years and will focus on the priority areas including offshore wind, marine, energy efficiency in domestic & non-domestic buildings, electricity storage, renewable heat (storage, pumps and networks), energy from waste and biomass, carbon capture & storage, hydrogen and fuel cells.
- The focus of the framework is to provide technical and programme delivery expertise with the objective of accelerating the commercialisation of economic low-carbon technologies. A range of interventions will be prepared appropriate to the target markets and innovation communities, which may include SMEs and large industrial companies.
To be eligible to join the CLT Cleantech Incubator Programme and obtain consulting support from CLT a business must be an SME based in the South East of England or have a material association with the South East, such as collaboration with a South East based university. In addition, the business should meet one or more of the goals ERDF seeks to achieve:
- The prospect of growth and job creation
- Delivery of value added clean-tech services or products from the South East
- The delivery of carbon savings or other environmental benefits
- Collaboration with South East universities or knowledge base
Should your business satisfy any of these criteria, CLT will arrange a meeting to assess how this programme could help you commercialise your clean technology or product. Those companies accepted onto the programme will receive fully funded consulting support, the value of which depends on the approved tasks and is classified as de minimis state aid. Applicants are expected to make commercial progress in-between each support task.
To find out more about how the CLT Cleantech Incubator Programmes can help your clean-tech venture through ERDF support, please contact CLT or call 07766 134496.