Tax Alerts

£8 million in Cash Grants for Industrial Sustainability Demonstration Projects in the UK

Written by Corporate Tax Incentives | Jul 7, 2022

The department for Business, Energy & Industrial Strategy’s (BEIS) Industrial Energy Efficiency Accelerator (IEEA) Phase 4 is now open. This grant offers £8 million in cash grant funding for businesses investing in sustainability.

Who can apply?

The IEEA is open to businesses to demonstrate UK-based industrial process innovations, with projects comprising of partnerships between developers of efficient technologies and industrial companies willing to trial innovations on-site.

When is the deadline?

Applications for Phase 4 will close on 19th September 2022.

What will it fund?

The IEEA supports demonstration projects that will accelerate development and deployment of near-to-market novel innovations (TRL 5-8) that prove to be key to delivering on the UK's Net Zero targets. Technologies of particular interest will showcase the following:

  • Reduce energy consumption
  • Maximize resource efficiency 
  • Cut carbon emissions

Successful applicants can expect to receive between £150K - £1 million per project.


If you’d like to learn more about this £8 million cash grant funding competition or would like us to assist you in applying for this grant, please feel free to reach out to our Global Incentives team!