Award of BASEE Competition Funding for SME Energy Efficiency Solutions
Awarded 31 Jul 2019
About
The Department for Business, Energy and Industrial Strategy awarded a contract to arbnco Ltd, Building Research Establishment Ltd, Cambridge Energy Group Ltd, Considerate Hoteliers Ltd, Element Energy Ltd, Energy Pro Ltd, Hoare Lea LLP, Nottingham City Council, Opix Group Ltd, Pilio Ltd, and Qbo for the Boosting Access for SMEs to Energy Efficiency (BASEE) competition.
The competition provided up to £6 million in funding for innovative solutions to reduce transaction costs and encourage energy efficiency uptake by SMEs.
Projects fell into three categories: business models simplifying investment, new technical tools or platforms, and other innovative solutions.
The competition had two phases: Phase 1 offered up to £100,000 per project for up to 10 feasibility studies, and Phase 2 offered up to £1 million per project for piloting up to 5 successful Phase 1 projects.
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