Clean Growth Fund
拢20 million of BEIS funding to support a new clean technology early stage investment fund
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The Clean Growth Strategy and 2019 Green Finance Strategy announced the government바카라 사이트檚 ambition to provide up to 拢20 million to support a new clean technology early stage investment fund.
The Clean Growth Fund is a commercially run venture capital fund, which aims to speed up the deployment of innovative clean technologies that reduce greenhouse gas emissions, by making direct investments in companies seeking to commercialise promising technologies. The Fund바카라 사이트檚 focus is on commercial returns and UK based innovations that demonstrate clear reductions in greenhouse gases. The Fund바카라 사이트檚 current portfolio of investments is available from聽the .
In March 2022, the Clean Growth Fund announced the final fund size of 拢101 million, with 7 private sector investors backing the Fund, alongside BEIS.
The BEIS investment into the Fund forms part of the BEIS 拢1 billion Net Zero Innovation Portfolio, which aims바카라 사이트痶o바카라 사이트痑ccelerate the바카라 사이트痗ommercialisation of low carbon technologies, systems and business models in power, buildings, and industry.
BEIS launched a request for proposals to raise and manage the Clean Growth Fund in August 2019. Clean Growth Investment Management LLP (CGIM) was .
Further information on the fund바카라 사이트檚 eligibility criteria and investment approach is available from CGIM바카라 사이트檚 .
Updates to this page
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Added final fund size.
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Clean Growth Investment Management LLP has been announced as the successful fund manager.
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Updated information about Contracts finder and the request for proposals has been revised due to a retender following an issue with the previous procurement round.
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Q&A updated
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Uploaded latest questions about the fund, along with our answers.
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Latest questions / answers added
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List of questions received plus responses published
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First published.