Ignite with Ebico, a new support scheme for innovative start-ups, has been launched by the Oxfordshire-based Ebico Trust.
Its aim is to ensure low carbon home heating and energy efficiency solutions are developed specifically for lower income households.
Over the next 12 months the successful innovators will receive between £5,000 and £10,000 worth of development support.
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This will be awarded to help in six key areas – product viability, commercial potential and exploitation, investment readiness, technical scoping and feasibility assessment, logo and brand identity and new product/service development.
The scheme is the brainchild of the Ebico Trust, a charity which has provided £2m to fight fuel poverty and make warmth more affordable in Great Britain. Phil Levermore CEO of Ebico, said: “Lower income private homeowners are being left behind. They can’t afford the very solutions which will reduce their energy consumption, carbon footprint and ultimately save them money.
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“Through Ignite with Ebico we want to address this problem by providing practical support which helps affordable, cleantech heating innovations get to market.”
Round 1 of Ignite with Ebico opened on August 23 with applications for this round required by September 15.
To find out more visit: sustainableventures.co.uk/ignite.
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This story was written by Andy Ffrench, he joined the team more than 20 years ago and now covers community news across Oxfordshire.
Get in touch with him by emailing: Andy.ffrench@newsquest.co.uk
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