The UK Government has unveiled a £40m Clean Growth Fund to support start-up companies in the fields of low-carbon power, waste, transport and buildings, with hopes that funding could rise to £100m by 2021. The Clean Growth Fund has been launched with £20m of government investment matched by the same amount from charity fund manager CCLA. It is open to UK start-ups with low-carbon and sustainable solutions across key sectors, including power, waste management heating of buildings and transport. Business Secretary, Alok Sharma, said: “The need for innovative and ambitious ideas across green industries has never been greater. I am pleased that with the help of this fund, promising clean growth start-ups will be able to step up to accelerate the UK’s recovery, while supporting our path to Net Zero by 2050.
Edie 22nd May 2020 read more »