IGNITE Funding
Overview
Ignite invest people and money into emerging and mature organisations that have a clear vision of how they benefit society. By focusing on energy, they’re driving innovation at every point of the energy chain – from sourcing and generation through to supply, service and saving energy. And by investing in social enterprises they’re making a positive impact on employment, income, housing and local communities.
As well as providing capital, Ignite work to understand the specific needs of each of their investments and help them grow through mentorship, networking and the skilled support of Centrica employees.
Thanks to backing from Centrica, Ignite are providing funding of £10 million over the next ten years, and will make investments in the UK of between £50k and £2m.
What they are looking for?
They are looking for passionate people who want to make a positive difference in society through energy products and services.
To be eligible for funding and support your business must:
- Be in the energy or energy-related sector
- Have the potential to make a real social impact in the UK
- Be seeking a minimum of £50k of debt or equity investment
- Fulfil a clear social need and demand
- Have clear outputs and goals