Boosting access for SMEs to energy efficiency (BASEE): competition
This competition will fund the development of new business models that encourage take up of energy efficiency projects by small and medium businesses (SMEs).
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Details
The Clean Growth Strategy (CGS) sets out our commitment to enable businesses to improve their energy efficiency by at least 20% by 2030.
This innovation competition offers up to £6 million of funding for innovative solutions that reduce transaction costs through economies of scale of via harmonised and simple practices that encourage the take up of energy efficiency by SMEs.
This competition will help address some of the key market failures faced by SMEs such as:
- lack of economies of scale
- high upfront capital costs
- high transaction costs
- difficulty accessing finance
The competition closed to applications on 8 May 2019.
Phase 1 (1 August 2019 to December 2019)
14 projects were selected to receive Phase 1 funding to develop feasibility studies for their solutions. 8 of these solutions progressed to Phase 2.
Phase 2
In February 2020 we awarded 8 contracts for Phase 2 for projects to further develop and trial their solutions in the market. Phase 2 will complete in March 2021. The successful organisations are:
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Arbnco Ltd
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BRE Ltd
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Considerate Hoteliers Ltd
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Element Energy Ltd
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EnergyPro Ltd
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Hoare Lea LLP
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Qbots Ltd
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VRM Technology Ltd
Updates to this page
Last updated 17 March 2020 + show all updates
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Details of projects that have progressed to Phase 2 of the competition have been announced.
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Competition now closed.
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Questions and answers document updated.
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Questions and answers document updated.
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Questions and answers document updated.
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BASEE Competition webinar slides added.
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First published.