InnoEnergy announces cut-off date for 2017 Investment Round

23 October marks sustainable energy innovators' last chance to apply for 2017 funding

InnoEnergy, Europe's sustainable energy innovation engine, today announces the cut-off date for applications to its 2017 Investment Round for supporting and launching revolutionary clean energy innovations. Cleantech innovators looking for investment before the end of the year must apply by 23 October to receive their support in time.

The 2017 Investment Round is InnoEnergy's most successful yet. So far this year, InnoEnergy has invested €23.5 million in projects spanning eight technology areas across Europe. This takes its total financial commitment since launching its Investment Round in 2011 to €170.5 million - resulting in €3 billion of forecasted sales.

This year's funding has been spread across 144 project partners - more than 40 per cent of InnoEnergy's 323 total partnerships to date. Of these, 252 are in industry, 130 are SMEs and 142 are academics. Furthermore, InnoEnergy has supported 12 new projects and services, bringing its overall tally to 90.

Diego Pavia, CEO of InnoEnergy, says: "It's our mission to provide sustainable energy innovators with the flexible and adaptable funding they need to succeed and grow - and, ultimately, bring forth the future of clean energy. The continued success of our Investment Rounds shows that we're on the right track."

The Investment Round is open to proven European technology concepts that will help to change the future of the energy industry. By offering funding and connecting successful applicants with InnoEnergy's network of industry experts, the initiative helps address challenges faced when commercialising technology to accelerate innovation.

Pavia continues: "Our support goes far beyond funding. As the only organisation to offer a comprehensive set of support services - from marketing to business strategy and beyond - alongside mentorship from our network of more than 300 partners and an open innovation ecosystem, InnoEnergy is proud to act as the commercial co-pilot to European cleantech's pacesetters."

Businesses can find out more about the Investment Round, including how to apply, on the website.

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