Centrica Announces Launch of New "Social Impact Energy Grant"; Focus On Innovative Products
April 20,2020
Centrica announced that, "launch of a new not-for profit social impact grant scheme, Energy for Tomorrow (EfT)."
"This grant scheme has been created by Centrica to support and empower entrepreneurs, particularly those from underrepresented groups, who have concepts and innovations to tackle climate change, lower energy bills, and deliver real impact to people and communities," Centrica said
"At a time of global climate, environmental and health crisis, it is now more than ever when communities need to be supported with innovative products and services. Through partnering with and investing in new ideas developed by non-mainstream thinkers, it is hoped EfT will empower society to change the way they think about and use energy," Centrica said
EfT is calling for applications that focus on the scheme’s inaugural theme ‘Innovations that help make people’s lives easier and more sustainable’. The aim is to partner with six to ten organisations who have innovative ideas to help deliver affordable, accessible and reliable clean energy. Each chosen organisation will receive a grant of between £100,000 to £500,000, provided over a period of up to three years. Priority will be given to smaller organisations with turnover of less than £1 million and to projects focused on the UK.
The scheme’s revenue is derived from the feed-in-tariffs of solar panels installed on over 250 schools across the UK.
EfT is welcoming applications from charities, CICs and not-for-profit and for-profit companies and enterprises with a clear social mission. These include organisations that are:
• Innovators – creating new solutions to reduce carbon emissions and changing the way society uses energy
• Helping people – to engage with their individual energy use, understand how their behaviours can impact the environment and demonstrate how things can be done differently
• Supporting communities – especially hard to reach groups, to collaborate and use energy in a more sustainable way, delivering real benefits to their local area