European sustainable energy accelerator InnoEnergy is opening its investment round for supporting and launching clean energy innovations all year-round.
InnoEnergy said the move aims to offer flexibility to businesses to shorten the journey from lab to launch.
During 2017, it has already supported seven new projects in renewables, smart and efficient buildings and energy efficiency with €13.5m in funding.
Since the accelerator launched in 2011 InnoEnergy has supported more than 90 projects with €170.5m funding, resulting in €3bn of forecasted sales.
“This has contributed to 77 patents and 323 project partners working on projects spanning eight technology areas across Europe,” it said.
Investment is open to proven European technology concepts that will help to change the future of the energy industry.
InnoEnergy chief executive Diego Pavia said: “To create a sustainable energy future for Europe we need to propel proven innovations to market in a quicker timeframe.
“Moving to an all-year model will empower innovators to access the investment round’s unique mix of technical and market expertise, financial support and commercialising partners when the time is right for their business.”
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