The UK has bold ambitions to lead the global clean energy transition, but those ambitions rest on the shoulders of its startup businesses.
We make up a third of all greentech companies in the UK, driving key innovations, while still being a relatively young sector with around 70% being in seed or venture stage.
The government’s £30 million investment into decarbonising shipping was a huge vote of confidence in SMEs ability to drive sectoral growth, with 250 small enterprises and startups benefitting directly from this funding.
However, like many startups and scale ups, more direct support is needed – and on a regional basis – to help scale solutions and keep valuable IP here in the UK.
Startups in the clean energy sector often face a perfect storm – access to funding is limited, upfront costs are high and navigating regulation is complex….
