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The Industrial Energy Efficiency Accelerator (IEEA) has been established to help strengthen the global competitiveness of British industry. First trailed in January 2017 by the Department for Business, Energy and Industrial Strategy (BEIS), the four-year programme is funding a range of demonstration projects designed to reduce the cost of energy efficient technologies and extend the suite of energy-saving options available to industrial firms.
The Accelerator also aims to address both technical and commercial challenges by providing tailored incubation support and co-funding to technology developers and start-ups to drive UK expertise, exports and jobs.
The programme is open to all sectors in the UK and is technology-neutral, targeting near-commercial innovations that will have the largest cross-sectoral impact on industrial energy efficiency and reducing carbon emissions. The Carbon Trust, which is administering the programme, is encouraging industrial companies to apply in collaboration with technology developers.
There is an overall budget of £9.2 million in the programme budget. Technology developers can access co-funding of between £150,000 and £750,000, to support several demonstration projects, focusing on energy-saving technologies, across the UK.
The technology must be ready to install, however, if it is not yet ready, applicants can wait until that is the case and then apply if there is funding remaining.
Phase 2 will run from 1 February 2019 - 30 April 2019. The Carbon Trust is offering an application support service to all applicants and interested parties are encouraged to apply early to receive the full benefit of this service.
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