Support is available for small start-up businesses in the UK that are pioneering sustainable technologies to reduce carbon emissions and help Sainsbury’s to achieve its net zero target.
Sainsbury’s intends to reach Net Zero in its operations by 2035. As part of this pledge the supermarket chain has announced the launch of its Innovation Investments programme which will invest in early-stage companies commercialising innovative, sustainable technologies that look to reduce operational carbon emissions and water usage.
The programme seeks to deploy at least £5 million over four years, with initial investments of up to £500,000, with potential to expand further. It will lead or co-invest alongside other investors.
Companies will also benefit from the investment experience of Williams Advanced Engineering (WAE).They will receive technology development, product, manufacturing and supply chain guidance, and introductions to WAE’s partners and co-investors.
Sustainable start-up and early-stage businesses headquartered, or with a base, in the UK may be eligible for support. Applicants should be developing new and disruptive technologies that have the potential to be deployed across Sainsbury’s operations, supporting the company’s net zero goals.
Businesses can be at the post proof-of-concept stage, pre- or post-revenue, pre-seed, seed or Series A stage.
Submissions of interest in the programme may be made at any time.
How To Apply
There is no set deadline. Submissions of Interest in the programme may be made at any time.
Enquires and applications can be made online.
More details are provided on the WAE website.