DECC to Launch New Funding Mechanism, Eurogia-UK

The UK Department of Energy and Climate Change, in collaboration with Eurogia+, is launching a new funding mechanism, Eurogia-UK, to encourage UK companies to participate in transnational collaborations to develop innovative industrial RD&D projects for low carbon energy technologies.

DECC will consider funding applications from collaborative projects receiving the Eurogia+ quality label as of September 2013; consortium partners from other Eureka countries will be eligible for funding in their own countries within the usual Eureka/Eurogia+ framework.

Funding will apply to private sector organisations only, with universities eligible to join consortia as subcontractors. Full eligibility criteria will be published on the 17th of June. Applicants will be eligible to receive up to £1m to fund UK activity within a project. The maximum percentage of public funding that can be provided is 40% for large enterprises, 50% for medium enterprises and 60% for small enterprises.

A program launch and brokerage event will take place on the 10th of July 2013 in London. In the morning session, participants will have the opportunity to learn about the Eurogia+ funding process, the applicable rules for UK funding and to discuss project ideas with interested companies.

In the afternoon, separate brokering sessions will focus on four technology areas of key interest to the UK: offshore wind, wave and tidal, carbon capture and storage, and energy storage. Applications for funding will be considered for all technologies covered by the European Strategic Energy Technologies (SET) Plan, in the context of their potential contribution to the relevant EII Implementation Plan. Participants will have the opportunity to share their project ideas or offerings.

[mappress]

Press release, July 3, 2013; Image: europa