Paul Jordan, Business Leader, Innovator Support, at Energy Systems Catapult, said:
“Achieving Net Zero by 2050 will only be possible through collaboration and investment in clean tech products and services. The Climate Innovation Platform – now on to its 4th Cohort – is a fantastic example of the impact that can be achieved when stakeholders such as the University of Birmingham, Tyseley Energy Park and HSBC come together to meet a common goal.
“The 13 SMEs of cohort four are the latest in a line of incredible innovators working to meet head-on the challenge of delivering a low carbon future by pioneering brilliant tools, products, and services. We’ve supported 40 SMEs through the Climate Innovation Platform so far and we’re looking forward to helping propel this next cohort into success.”
Samuel Dallimore, CEO, Lux Industries commented:
“LUX is delighted to be accepted onto the Climate Innovation Programme, providing a broad range and depth of business support services and funding, which is invaluable in our early-stage growth of the business.”
Debbie Smith, CIP Incubation Manager said:
“It was a pleasure to welcome thirteen new SME’s to our fourth cohort of the Climate Innovation Platform. Supporting over 80 climate-focused businesses to date, we have made a real difference to the businesses we have supported on our previous cohorts and I am excited to see what these climate-focused innovators will achieve with the tailored support we are able to offer.
The CIP programme is growing from strength to strength. Not only does it have a larger footprint at Tyseley Energy Park due to the influx of businesses, but we have seen various successes come out of previous cohorts. For instance, Voltempo (focusing on EV HGV Chargers) received nearly £50 million in investment. More recently, Furbnow (focusing on Decarbonisation of Homes) also received high levels of investment. These successes demonstrate how businesses have benefited not only from the space we have here on site at Tyseley Energy Park, but also from the comprehensive package of support we offer as part of CIP. ”
Professor Martin Freer, Director of the Birmingham Energy Institute said:
“We had an overwhelming response for requests to join our latest CIP cohort and are delighted to bring thirteen high calibre climate-driven SMEs on board to support them in further developing their innovative solutions, as they research, test, and grow their innovations.
Within this cohort we have also recruited a range of businesses who are creating innovative products and services within the decarbonisation of homes sector. There will be various opportunities for these businesses to interact with our National Centre for Decarbonisation of Heat when it launches in 2026 at Tyseley Energy Park; further supporting our ambitions in developing a Green Innovation Quarter in East Birmingham.”
Michaela Wright, Head of Corporate Sustainability, HSBC UK said:
“Since the start of the programme we’ve been inspired by the range and calibre of ventures participating in CIP, from decarbonising homes and transport to more recently looking at interventions in the film industry. We’re excited to support this latest cohort of thirteen innovators, bringing together our combined knowledge, insight and international network to help scale up climate solutions that could have real-world impact.”