Energy Systems Catapult offers scale-up funding for SME innovators

The Energy Systems Catapult is offering ‘acceleration support’ to SME energy systems innovators entering the scale-up stage.

The call aims to find the UK’s most promising ‘later-stage’ energy startups, to provide tailored support that will develop and strengthen their innovations and accelerate their growth.

The ESC said that the 2050 net zero target requires pioneering SMEs who are innovating towards a greener future, but pointed out that many of these companies lack access to the support and financing needed to scale-up their businesses and unleash their full potential.

Paul Jordan, Business Leader, Innovator Support, said:

We need an Energy System that’s fit for Net Zero, so we’re looking for the UK’s energy ‘scale ups’ who can accelerate the decarbonisation of homes, and/or support the transition to a flexible, digitalised net zero energy system.

He added:

We would love to hear from SME innovators that are making good progress in their commercialisation journey but would benefit from assistance from the Catapult. Each SME will be provided with up to £75k worth of Catapult support, including in-depth business coaching, matchmaking with customers and investors, and access to the Catapult’s tools and expertise to test, develop and validate innovations.

The Catapult says that depending on assessed needs, applicants can access expertise in a range of areas such as. market engagement; systems integration: modelling; consumer engagement; test and validation; digital and data; accessing scale-up funding; and international opportunities.

SMEs that meet the criteria should apply on the website before 12:00pm on Friday 8th March. Successful applicants will be notified of interview on 20th March, with notification of acceptance onto the programme on the 28th March and the programme of work taking place between April 2024 and March 2025.