Small Business News | £5m Funding for ‘green’ small businesses

Green Wise announced this week that the Carbon Trust has launched a service to fast track green technology start-up firms from development to commercialisation.

 Small firms in the UK developing low carbon innovations will be provided with research and development funding by ‘Carbon Trust Entrepreneurs Fast Track’. Other benefits will include expert advice and networking opportunities. The initiative was purposively launched on the same day the Committee on Climate Change released a report saying that the Government needed to spend more on low carbon innovation. Providing another catalyst for the scheme was a recent consultation with approximately 400 early stage clean tech companies in the UK who highlighted that support for ‘proof of concept’ alongside prototype building and testing were imperative for firms to move to commercialisation successfully. The service has already received support from the Federation for Small Businesses (FSB) and the business angel community.

To see the article in full please visit the Green Wise website.

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