Innovative approaches to data-driven asset management solutions
EQUANS is searching for innovators who are developing data-driven asset management solutions that can help digitise and decarbonise energy-consuming assets within buildings and industry, accelerating the zero carbon transition. Through the Clean Growth Innovation Fund, EQUANS is looking to make strategic investments in cleantech start-ups and SMEs. Companies can apply for £100,000 to £1,000,000 in funding, with all EQUANS’ investments matched by funding from Innovate UK to help invested companies accelerate their innovative R&D activity.
Opportunity
Challenge opens
29/07/2022
Challenge closes
09/09/2022
Benefit
Through the Clean Growth Innovation Fund, EQUANS is looking to make strategic investments in cleantech start-ups and SMEs. EQUANS’ investment will be matched by funding from Innovate UK to help invested companies accelerate their innovative R&D activity. Companies can apply for £100,000 to £1,000,000 in funding, with 50% of the funding coming from EQUANS as an equity investment, and 50% of the funding coming from a non-dilutive grant from Innovate UK. As a strategic investor, EQUANS will help its portfolio of invested companies scale by providing capital, and access to expertise and customers.
Background
EQUANS has 74,000 employees, leveraging 200 years of expertise, with annual revenues of €12 billion. EQUANS is present in 17 countries - mostly across Europe, but also with significant interests in North America, Latin America and Australia.
In the UK & Ireland, EQUANS provides facilities management, energy efficiency and regeneration, together with a wide range of technical services. The scope also includes specialist energy-related capabilities: smart buildings, green mobility, district & embedded energy and decentralised renewables.
Through its unique combination of capabilities in energy, services and regeneration, EQUANS is well placed as the partner of choice to help businesses and communities in the transition to a net zero future. As a strategic supplier to the UK Government, and with hundreds of customers across the public and private sectors, EQUANS is committed to being a leader in the energy transition by deploying innovative solutions at scale.
To support this strategy, EQUANS has partnered with Innovate UK to establish the Clean Growth Innovation Fund; an investment partnership bringing equity and grants to support UK-based start-ups and SMEs that are delivering on the UK’s Clean Growth agenda.
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