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Home›Business & Finance›GBP 13 Million Available Through Energy Catalyst Competition
Business & Finance

April 19, 2017 · about 9 years ago

GBP 13 Million Available Through Energy Catalyst Competition

On 24 April, the Innovate UK Energy Catalyst competition will open, making available up to GBP 13 million for highly innovative, market-focused energy solutions in any technology or sector or international market.

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On 24 April, the Innovate UK Energy Catalyst competition will open, making available up to GBP 13 million for highly innovative, market-focused energy solutions in any technology or sector or international market.

Proposals must address three elements of the energy trilemma: cost, emissions, and security of supply.

The competition is open to any UK organisation and may also include international partners. Universities and small and medium-sized enterprises (SMEs) are encouraged to apply. Research organisations may lead early-stage feasibility projects.

There are three options to apply into the competition, referred to as streams that will be run in parallel. The streams are dependent on the stage a project is at: early stage, mid-stage, or late stage. Applicants should choose the stream that broadly reflects the technical and commercial readiness of their projects.

Early-stage competition stream concerns technical feasibility projects. Projects can last up to 1 year, with total costs ranging from GBP 50,000 to GBP 300,000. Research organisations may lead early-stage projects, in partnership with at least one UK business. UK SMEs can lead early-stage projects with or without partners.

Mid-stage competition stream is purposed for industrial research projects. Projects can last up to 3 years, with total costs ranging from GBP 50,000 to GBP 1.5 million. Mid-stage projects must be collaborative and led by a UK business.

Late-stage competition stream is focused on experimental development projects. Projects can last up to 3 years, with total costs ranging from GBP 50,000 to GBP 10 million. Late-stage projects must be collaborative and led by a UK business.

Those wanting to participate in the competition must register before midday on 21 June and apply before midday on 28 June.

Most projects are expected to start on 1 January 2018.

Last year, Kite Power Solutions secured a GBP 1 million grant from the Innovate UK Energy Catalyst to accelerate the development of its kite power generation technology.

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