Tech Nation has announced a new initiative to support firms working in the Cleantech sector to reduce the UK’s emissions.
Net Zero will support up to 30 tech firms, which are building a “greener, cleaner and more sustainable future.”
Supported by the government, it is aimed at helping the UK reach its goal of “net zero” greenhouse gas emissions by 2050.
These Cleantech companies could include those converting footfall into off-grid power and data; delivering advanced solutions to reduce vehicle emissions; or using nano technology to harness visible light into electrical energy.
Judges include Hayden Wood, CEO, Bulb; Pippa Gawley, Founder and Director, Zero Carbon Capital; Mark Hodgson, Chief Business Officer, Cervest; Tom Adeyoola, NED, Verco; and Dr Ben Caldecott, Director of the Oxford Sustainable Finance Programme at the University of Oxford.
“The UK is at the forefront of the cleantech revolution and we are committed to making sure the sector has the right conditions to grow and help us achieve our climate change goals,” said Digital Minister, Caroline Dinenage.
“I know how dynamic and effective our tech firms can be at tackling global challenges. So I encourage any entrepreneur with a vision for a greener world to apply and help to build a cleaner and more sustainable future.”
The 6 month programme will be free to join and will create a peer-to-peer network of companies.
“Climate change should not be tackled by international governments alone. Technology and entrepreneurship have a huge role to play in dealing with such a global environmental issue,” added Gerard Grech, Chief Executive, Tech Nation.
“The green tech sector has grown substantially and is well-positioned to take on this challenge, making a significant difference to our future. We want to ensure UK tech companies have the tools to be able to drive and scale this innovation, helping the UK meet its net zero targets by 2050 or sooner.”
Net Zero applications open today and close on the 20th of July. Successful applicants will be notified at the end of August. The programme will start in October.
