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Innovate UK: Ofgem Strategic Innovation Fund invests £16M in round two projects - Vimarsana News

Innovate UK: Ofgem Strategic Innovation Fund invests £16M in round two projects

Ofgem will invest £16 million across 36 projects, as part of the £450 million Strategic Innovation Fund (SIF). Thirty-six ground-breaking projects have successfully secured a total of £16.09 million next phase funding, as part of the SIF round two alpha competition process. This follows the recent announcement of £95 million for 10 round one beta projects. As part of the £450 million SIF programme, the round two alpha projects are led by energy network companies working in partnership with innovators and partner organisations.