£40m Clean Growth Fund Launched
Investing in innovations that deliver Clean Growth
Accelerating the transition to net zero
This £40M Fund will invest in early-stage, UK-based companies across multiple sectors, including power, transport, industry, buildings, waste and water. As partnership between BEIS and CCLA, a leading UK fund manager, the Fund represents an important vote of confidence in the UK’s low carbon sector, especially amidst the uncertainty of Covid-19.
CGF invests in technology businesses that are driving the transition to net zero through developing disruptive products and services.
The clean growth sector includes innovations that can improve the resource efficiency of industry and commerce, while reducing greenhouse gas emissions, pollution or other adverse environmental impacts and also deliver substantial financial returns.
Within these sectors, CGF will invest across the technology spectrum, including hardware, software, process systems, materials, deep tech and business model innovations, capable of driving real and rapid change on a global scale.
The Fund’s core focus will be into companies with outstanding management teams which have a pilot or alpha prototype that successfully demonstrates the technical feasibility of their product or service alongside compelling evidence of market traction and engagement.
Find out more - Clean Growth Fund