UK Govt. prizes worth £100,000 upwards on offer to ‘bright spark’ Scottish energy SMEs at ‘Dragon’s Den’ funding event


An SME funding event – where Scottish energy ‘bright sparks’ can pitch for investment at a special one-day conference which combines elements of TV’s ‘Dragon’s Den’ and Lord Sugar’s hunt for a new business partner – is being held in Edinburgh later this month.

On offer at the Energy Catalyst is a number of funding prizes ranging from tens and hundreds of thousands of pounds to, potentially, £1 million-plus apiece.

And in addition, prizes worth up £100,000 in project costs are also available in the Energy Game Changer event for the transfer of knowledge from your sector to an energy-company

On 28 January 2016, the Heriot-Watt University Energy Academy is collaborating with Innovate UK and the Knowledge Transfer Network to deliver a whole day conference that will look at the breadth of funding from Innovate UK for energy research and R&D.

When you register for the event, you’ll be asked if you want to give a two minute pitch and Innovate will contact you.

The Energy Catalyst has been established by Innovate UK, the Engineering and Physical Sciences Research Council (EPSRC) and the Department of Energy and Climate Change (DECC) to accelerate innovation in the energy sector from concept to pre-commercial readiness by providing investment and support at the time, in the way and at the scale innovators need it.

The Energy Catalyst is open to innovative businesses and researchers from any sector who can address the three major challenges facing the energy sector – the energy ‘trilemma’ of

  1. Reducing emissions
  2. Improving security of supply and/or
  3. Reducing cost.

This event will provide an opportunity to hear the latest news from Innovate UK on Round 4 of the Energy Catalyst, hear about other funding sources relevant to the Energy community, as well as find partners ahead of the call opening. The event will be dedicated to support for energy research in Scotland, featuring presentations from:

  • Green Angel Syndicate: An Investor Perspective on the Energy Sector – How to Attract Angel Investment
  • Renewable Energy Investment Fund
  • Local Energy Scotland
  • Converge Challenge – supporting Energy Entrepreneurship in Scotland

Dr. Patrick McCarthyDr. Patrick McCarthy, PhD, from the Energy Academy
, (pictured left) explained: “Heriot-Watt  University energy researchers, engineers and scientists are traditionally recognised for their work in oil and gas.

“However, we also have strengths in the areas of energy storage and energy materials;  energy supply and DSM, the public perception of renewable energy utilisation, alleviation of fuel poverty and developing sustainable housing stock; the decarbonisation of transport through use of energy informatics for example, the impact of marine and other renewables on the environment, optimising use of energy assets, business logistics, energy policy, and of course carbon capture, storage and utilisation.

“It’s the latter areas of energy research that the Energy Academy has focussed on recently and where we now seek to find new partners.

“As with other Innovate UK funding events where SME-led research is critical, the event will feature the usual opportunity to pitch to the audience of, we anticipate, other SMEs, the business sector and universities. To take advantage of this, register at: 


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