£40 million
The fund was launched in May 2020.
Companies with products and services focused on driving clean growth in the low carbon economy.
Are you an entrepreneur with an exciting sustainable business idea that is looking for investment and commercialisation support? This fund will be of interest to you.
Substantial innovation is required across all sectors in order for the UK to achieve net zero carbon emissions.
The Clean Growth Fund (CGF) is a commercially driven fund founded as a partnership combining public and private investment in new, early-stage clean technology ventures.
The CGF will invest in those companies with innovative solutions that serve a clean growth remit across the power, transport, industry, buildings and waste industries. Promising and ambitious companies will be supported with commercialisation expertise and market access to enable rapid growth and scale-up.
The fund focuses on UK-based companies with commercially viable solutions that are either generating early revenues or pre-revenue business start-ups.
Criteria for investment: