The application deadline for Innovation Birmingham’s €225,000 Low Carbon Accelerator programme is Monday 23rd March 2015. There are places available for over 30 start-ups located in the West Midlands wishing to launch products or services that address the climate change agenda.
In addition to a wide range of incubation support, grants of up to €20,000 will be awarded to the most promising start-ups, in order to enable them to bring their products/services to market in an accelerated timescale.
The Low Carbon Accelerator is one of four main programmes being delivered by Innovation Birmingham’s Climate-KIC team. A total of €2 million has been allocated to the West Midlands this year by Europe’s largest public-private partnership focused on tackling climate change.
Catherine Shelley, Innovation Birmingham’s Development and Delivery Officer for Climate-KIC said: “We’ve had over 60 expressions of interest for this year’s Low Carbon Accelerator, but there’s still time left for people to get their applications in before the 23rd March deadline.
“The nine month programme will help start-ups located in the West Midlands to develop their low carbon business idea from the proof of concept stage to becoming commercially viable. Business planning and development of financial models, customer research, expert masterclasses, sector-specific networking opportunities, as well as peer-to-peer mentoring, are some of the benefits of the unique programme, which is designed to accelerate the growth of low carbon start-ups.”
The culmination of the programme is Climate-KIC’s annual Innovation Festival, which will be held at The ICC in October. The event attracts over 500 climate change practitioners from across Europe.
Katharine Fuller, Innovation Birmingham’s Senior Project Manager for EU Projects said: “There are only six Climate-KIC Regional Innovation Centres across Europe, so having one in the West Midlands is a significant asset to the regional climate change agenda. We will be spending €2 million during the course of this year on initiatives that will have a real impact on our environment and the economy.
“The climate change agenda and the rapid growth of the region’s sustainable energy market is capturing the interest of serial entrepreneurs, as well as prompting industry professionals to step away from a corporate career path and start their own business.”
Innovation Birmingham’s Climate KIC West Midlands Regional Innovation Centre is one of six across Europe that are working to develop the low carbon economy within their regions. The other Regional Innovation Centres are located in; Valencia (Spain); Emilia Romagna (Italy); Hessen (Germany); Lower Silesia (Poland) and Central Hungary. The Centres are supported through the Climate Knowledge Innovation Community (KIC) project, which receives funding from the European Commission through the European Institute for Innovation and Technology.
To enquire about, or apply to join the Low Carbon Accelerator, please contact Catherine Shelley: CatherineS@innovationbham.com .