The Low Carbon Innovation Fund offers Investment to Businesses in the East of England

The Low Carbon Innovation Fund has over £50 million available for investment in low carbon initiatives by businesses in the East of England. Launched in 2010 the Fund is financed by £20.5 million from the European Regional Development Fund and £30 million from the private sector.  The scheme will operate until December 2015.

The Fund is one of the activities of the Adapt Low Carbon Group which brings together the expertise of the Norwich Business School and the School of Environmental Sciences of the University of East Anglia. According to the Fund's website some £43m has been injected into East of England businesses. Projects include low carbon feature film Peter Grimes on Aldeburgh Beach, a new digital magazine ‘Electronic Sound’ and the ‘99 Squared’ advertising app.

Applications can be made through the Fund's website which sets out the investment process. Businesses or their professional intermediaries that need help with the contractual, intellectual property or tax issues should contact us through our contact form or call us on 020 7404 5252 or 01603 343030.

Cambridge Innovation Capital's Initial Investments

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Jane Lambert

Cambridge Innovation Capital describes itself as "an investment fund that invests in high-growth technology companies, led by an experienced investment team, an outstanding board and advisory panel of leading scientists and entrepreneurs." With managers and advisers drawn from academia and industry as well as finance the fund aims to invest £50 million in companies based in Cambridge over the next three years.

The fund announced its first three investments on 12 Aug 2014 (see "Cambridge Innovation Capital announces first three investments from its £50 million Cambridge Cluster fund" 12 Aug 2014).  They include:

• £1.5 million in Cambridge Imaging Systems to develop "cloud-based and on-premise software that enables owners of video to archive, deliver and bill for content";
• £1.25 million in Origami Energy to develop a platform for the intelligent active management of distributed energy assets; and
• £100,000 in Jukedeck to develop software that enables to create their own music for use in video games, films and other applications.

I shall watch those companies and Cambridge Innovation Capital's other investments and report on their progress from time to time.