UK to ‘supercharge’ green start-ups with new $40m fund

Green start-up companies across the UK will be supported by a new £40m venture capital fund to “supercharge” the development of next generation clean, low-carbon technologies.

Jointly funded by the UK Government and CCLA, one of the UK’s largest charity fund managers, the Clean Growth Fund will contribute towards the country’s plans to reach Net Zero by 2050.

It will be accessible to UK-based companies driving green technology across the power, transport, waste and building energy efficiency sectors.

Examples of projects the fund could support include:

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