Industrial Energy Transformation Fund Phase 2 Opens to Applications

Phase 2 of the UK Government’s Industrial Energy Transformation Fund, designed to help energy intensive industries and businesses with high energy use to cut their energy bills and carbon emissions, has opened to applications.

£60 million in funding is available to support the commercial roll out and permanent installation of energy efficient and low carbon technologies at industrial sites, along with feasibility and engineering studies. All projects must relate to improvements to an existing industrial process at a manufacturing site or data centre in England, Wales or Northern Ireland. 

Technologies within Scope

There are two main elements:

Energy efficiency proposals which reduce the energy consumed by industrial processes at site level, attributing benefits to both the bill savings (we anticipate most efficiency projects will have a positive payback) and any associated emissions savings. 

Decarbonisation proposals which reduce the emissions produced by industrial processes at site level. While in some cases there may be an associated energy saving this is not the key driver for the proposal and in many cases energy bills may in fact increase. 

Energy savings must be measured and take place at site level where there is an existing, identified operational industrial process.

The fund is managed by the Department for Business, Energy & Industrial Strategy – Industrial Energy Transformation Fund

Link: https://www.gov.uk/government/collections/industrial-energy-transformation-fund#history

BEIS is always happy for companies talk to them about the projects they would like to do. If ineligible under this programme, they might be able to find an alternative source of funding in terms of utilisation.

The deadline for applications is the 6th December 2021.

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Celebrating 21 years of grant funding success

Since 2000, Wessex Partnerships has been helping innovative firms and entrepreneurs secure funding for new product and service development. We have enabled companies large and small achieve significant business growth.

Our bid writing services help our clients first identify grant opportunities. Then we take on the workload of preparing the application. Our team works closely with your team to accurately present your project to agreed win themes. We then answer the application questions to meet the funder’s requirements. We advise on all aspects of the project delivery, planning and budget so your project appears well-managed and offers good value.

With backgrounds in economic development, we stay close to policy developments and new funding programmes. We undertake background industry research in your particular field to clarify the technical innovation and set out the commercial case.  This considerably enhances the chances of your application being successful. 

It all adds up to an enviable success rate for our clients, securing over £80m of grant funding over the last twenty-one years.

If you have a project you would like to discuss, book a call with us on 01329 556766. For more information on our services, see our website www.wessexpartnerships.com.

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Grant funding for research and development projects

Grants are the best type of funding available for tech firms, as you don’t lose any equity, and you never have to pay money back. 

Wessex Partnerships has helped dozens of innovative businesses secure funding for vital research and development projects. This includes Innovate UK Smart grants programme, which gives £125m to British businesses each year.

With our grant application service, we work alongside our client businesses to help simplify and reduce the amount of work required for you to prepare your application. We will ensure that the final application faithfully presents your project with concise, correct, answers. We also advise on project planning and budgeting, so the project is well resourced and organised and represents good value for money.

As experts in a host of leading-edge technologies, we will undertake background industry research in your particular field to clarify the technical innovation and set out the commercial case.  This will considerably enhance the chances of your application being successful. Plus, we double check all your costings and proofread all your text. 

It all adds up to an enviable success rate for our clients, securing over £80m, with 20 years of experience of applying for grant funding.

If you have a project you would like to discuss, book a call with us on 01329 556766. For more information on our services, see our website www.wessexpartnerships.com.

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