New £40 million Industrial Energy Transformation Fund (IETF) competition window for businesses is now open

The Department for Business, Energy and Industrial Strategy (BEIS), in collaboration with Innovate UK, has today opened the new Industrial Energy Transformation Fund (IETF) Phase 1: Spring 2021 competition window.

Businesses in England, Wales and Northern Ireland can now bid for up to £40 million in grant funding through the new competition window, which is open for applications from Monday 8th March until 11:00am on Wednesday 14th July.

The competition will provide grant funding towards the costs of:

To find out more about the £40 million IETF Phase 1: Spring 2021 competition, gain access to the applicant guidance and make an application for funding, please visit the competition page.

The IETF has a customer support service operated by Innovate UK. If you need more information about the application process, please email Innovate UK at or call the competition helpline on 0300 321 4357 between 9:00-11:30am and 14:00-16:30pm, Monday to Friday.