GRANTS – Industrial Energy Pioneers Limited

Grants of up to 70% available

Dates

Funding Provided For

Eligibility

The competition is open to the following sectors, organisations and professionals including:

Competition strand	Minimum threshold	Maximum threshold	Aggregation	Maximum grant	Uplifts (Note 3)
Feasibility Study	£30k total eligible cost per study	£7m / study	Up to 5 studies may be aggregated within or across the lead applicant's sites	50% (L) 60% (M) 70% (S)	N/A
Engineering Study	£50k total eligible cost per study	£14m / study	Up to 5 studies may be aggregated within or across the lead applicant's sites	25% (L) 35% (M) 45% (S)	Uplifts available for knowledge sharing
Energy Efficiency Deployment	£75k grant funding SMEs only £100k grant funding Large companies	£14m / project £14m / project	Note 2 Note 2	40% (M) 50% (S) 30% (L)	15% 5% 15% 5%
Decarbonisation Deployment	£75k grant funding SMEs only £100k grant funding Large companies	£30m / project £30m / project	Note 2 Note 2	60% (M) 70% (S) 50% (L)	15% 5% 15% 5%

NOTES:

The amount of the grant depends on the size of the applicant. L = large; M = medium; S = small.
Multiple sites may be aggregated to meet the minimum threshold.
A higher grant may be available for businesses located in areas of lesser economic advantage.
Special rules apply to companies located in Northern Ireland. Refer to the IETF website for details.
All studies and deployments in Spring 2024 Window should start by 1 July 2025 and be completed by 31 March 2028.