Notice

Heat Pump Investment Accelerator Competition (closed to applications)

This competition provided grant funding of up to £15 million per project for major investments in the manufacture of heat pumps and strategically important components.

Documents

Details

The Heat Pump Investment Accelerator Competition (HPIAC), worth up to £30 million in total, aims to bring forward investment in the UK heat pump manufacturing supply chain.

It was open to UK registered businesses (which includes those that may be set up for the purpose of delivering the project in the application), who could apply for grant funding of up to £15 million per project, for major investments in the manufacture of heat pumps and strategically important components.

The guidance outlines the process through which we distributed scheme funding. It details:

  • how the scheme works
  • the eligibility criteria
  • how to apply
  • how applications were assessed
  • how funding was distributed, including the contractual arrangements
  • how successful projects should report progress

How to apply

The application window for the Heat Pump Investment Accelerator Competition closed to applications on 18 October 2023. We are now reviewing all of the applications which have been submitted in line with the Scheme Guidance and will be in contact with applicants in due course.

Question and answer sessions

We hosted Question and Answer sessions for interested applicants in the week beginning 24 July 2023.

Clarification questions

The deadline for enquiries was Friday 22 September 2023.

Updates to this page

Published 30 March 2023
Last updated 421 DecemberNovember 20232024 + show all updates
  1. Added link to Heat Pump Investment Accelerator Competition's successful projects.

  2. This competition is closed to applications.

  3. Added latest clarification questions with responses.

  4. We’ve extended the closure date for the submission of proposals to 3pm on 18 October 2023.

  5. Added latest clarification questions with responses.

  6. We have published a slidepack from our stakeholder sessions, 26-27 July 2023, and our responses to clarification questions received up until 28 July 2023.

  7. This competition is now open to applications.

  8. First published.

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