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The Department for Business, Energy and Industrial Strategy (BEIS) is delighted to announce that the spend deadline for project completion for the Industrial Energy Transformation Fund (IETF) has been extended from 31 March 2025 to 31 March 2027.

The deadline for submitting applications for the current IETF Phase 2: Autumn 2022 competition window has also been extended from 13 January 2023 to 17 February 2023. BEIS will continue hosting a series of stakeholder clinics throughout the competition window to help and support businesses interested in applying for IETF funding. The Virtual Technology Marketplace is also live and businesses can register now.

Businesses in England, Wales and Northern Ireland can now bid for a share of up to £70 million in grant funding through the competition window. The competition will provide grant funding towards the costs of feasibility and engineering studies, energy efficiency deployment projects and deep decarbonisation deployment projects. This is the last currently planned application window and applicants are encouraged to apply if they have a suitable project.

To find out more about the £70 million IETF Phase 2: Autumn 2022 competition, view the applicant guidance and make an application for funding, please visit the competition page here.

Source: Innovate UK KTN