Strategic Innovation Funding - Round 3
What the buyer wrote
The Strategic Innovation Fund (SIF) programme is investing up to £450 million in network innovation over the next 5 years. SIF is positioned to respond to industry obstacles and represents a major investment in the pace of innovation in the sector. SIF is funded by energy consumers through the price cap mechanism. The vision of the SIF is to * support Ofgem in facilitating the UK's transition to net zero, at lowest cost to the consumer *position the UK as the 'Silicon Valley' of energy Ofgem undertakes a four stage process to foster innovation and tackle issues facing the sector: * Challenge Setting. * Ideation. * Incubation. * Acceleration. The ideation phase focuses on enabling the most am…
Details
- What the buyer calls it
- Strategic Innovation Funding - Round 3
- How they are buying
- Advertised, then negotiatedThe buyer talked terms with bidders rather than taking fixed offers.
- Type
- services
- Lots
- 3
- Where
- in the South West, in Wales
Who the buyer named
The buyer published a contact address on this notice.