Industrial Energy Transformation Fund (IETF) launches next Phase 1 funding opportunity
Businesses in England, Wales and Northern Ireland will now have a further opportunity to bid for up to £40 million in grant funding through the IETF Phase 1: Spring 2021 competition window. The applicant guidance has been published today. The competition will open for applications on Monday 8 March and will run until Wednesday 14 July.
The competition will provide grant funding towards the costs of:
Deployment of mature energy efficiency technologies that improve industrial process energy efficiency and reduce energy demand.
Feasibility and engineering studies for projects deploying mature energy efficiency technologies or deep decarbonisation technologies.
All projects must relate to improvements to an existing industrial process at a manufacturing site or data centre. Following stakeholder feedback, we have lowered the minimum thresholds for grant applications such that:
· the minimum grant companies can receive for energy efficiency deployment projects will be £100,000.
· the total eligible costs for engineering studies must be at least £50,000.
· the total eligible costs for feasibility studies must be at least £30,000.
For more information on IETF Phase 1: Spring 2021 and to view the applicant guidance, please visit our competition page.
IETF Phase 1: Spring 2021 stakeholder event
We invite you to join our online IETF Phase 1: Spring 2021 briefing webinar on Wednesday 11 March.
The briefing event will include an opportunity to:
· Hear about the scope of the competitions in more detail
· Network online and develop partnerships for the competition via breakout sessions
· Speak with BEIS and Innovate UK online for one-to-one discussions about the competition. These direct discussions can be booked via a booking system available to delegates during the event.
We intend to hold a further briefing webinar after the application window opens. Further details will be sent out in due course.
Benefits of joining the webinar:
The webinar will benefit a number of organisations and professionals including:
· Manufacturing companies
· Data centres
· Energy efficiency and decarbonisation innovators and professionals interested in collaborating on a project
To register for the webinar, please visit our registration site.
The event will be recorded and will be available to stakeholders to view at any time via a playback system.
Innovate UK has also launched a customer support service. If you need more information about the application process, please email Innovate UK at ietf@innovate.ukri.org or call the competition helpline on 0300 321 4357 between 9-11:30am and 14:00-16:30pm, Monday to Friday.
In addition to the general helpline, Innovate UK will be offering fortnightly stakeholder clinics throughout the window as an opportunity for applicants to speak directly to Fund leads. Further details will be shared in due course.
For more information about the IETF, please visit our funding page on Gov.uk.
For information on BEIS’s privacy policy, please visit the department’s personal information charter page on Gov.uk.