COMMERCIALISING NET-ZERO INNOVATION
Eigen Ventures Ltd provide business services to low-carbon and clean tech innovators and funding agencies. We design, set-up and manage Business Acceleration Programmes.
We also work directly with start-ups and SME businesses helping you to plan and build new ventures and bring innovative low-carbon solutions to market.
Since 2005 our Director and Associate team have set-up and managed leading UK low-carbon innovation support programmes for Carbon Trust, BEIS/DECC, Innovate UK and the Catapult network. We have supported several hundred cleantech and low-carbon innovators helping them to prepare business propositions in a wide range of sectors across energy, buildings and homes, transport and industry.
PROGRAMMES & SERVICES
ENERGY SYSTEMS CATAPULT - ENERGY LAUNCHPAD
2018-19 co-design and delivery of the pilot. 2019-ongoing: supplier of business support to SMEs. Eigen provided programme design and interim management services to the Energy Systems Catapult to set-up and pilot the UK's first accelerator designed specifically for energy innovators. The Energy Launchpad enables SMEs to access a combination of the ES Catapult's cross-sectoral expertise in energy systems transformation together with private sector expertise in building businesses. This model has proven very successful delivering tailored Incubation and Acceleration support to 50 SMEs in 2 years. Eigen has delivered business consulting to several of these SMEs.
INNOVATE UK - ENERGY CATALYST ACCELERATOR
2020-ongoing. As a delivery partner for the Carbon Trust, Eigen provide Acceleration Management for around half of the Energy Catalyst grant recipients. We input to programme design and managed the initial set up of the Accelerator during the 2020 Covid-19 lock-down. Eigen's Associate team provides business coaching and investment readiness guidance to start-ups and SMEs. We diagnose their support needs, and scope and coordinate delivery of consulting tasks by programme partners which include Energy 4 Impact, Intellecap, Open Capital Advisors, New Energy Nexus, Power 4 All, Value for Women, African Management Institute.
GLA FLEX LONDON
Partnering with Energy Unlocked in 2018-2020, Eigen brought together large energy users and innovators to identify opportunities to 'flex' when energy was used or generated to benefit the energy user, the power network, or local area and city infrastructure. London's scope for Energy Flexibility could be a significant contribution to accommodate more renewable energy generation nationally and to manage additional demand on the grid from electric vehicles and the electrification of heat. Supported by the Mayor of London, FlexLondon was part of the Energy for Londoners programme to make London’s homes warm, healthy and affordable, its workplaces more energy efficient, and to supply the capital with more local clean energy.
LANDLORD ENERGY MODELS
Working with partners, Eigen has delivered consulting projects looking at ways that Build-to-Rent and Social Landlords can benefit from the energy transition. With 350IP, we compared options for a BTR Landlord to improve building energy efficiency, participate in renewable energy and storage, offer EV charging and heat services to tenants, and extract value from energy flexibility. We interviewed energy suppliers and service providers to gauge which market offerings BTR landlords could feasibly exploit to create new income streams or reduce the cost of decarbonising homes. With Energy Unlocked we facilitated an expert focus group to work up a 3rd party finance model for smart-energy in social housing. We have also engaged with the housing sector on behalf of several innovative SMEs to develop their understanding of the needs and barriers to wider adoption of smart energy solutions.
Eigen has delivered the following studies:
2021 UK Net-Zero Capabilities - using an AI platform to identify populations of businesses with capabilities relevant to net-zero roadmaps in: building retrofit, decarbonising heat, hydrogen economy, smart flexible energy systems, and EV adoption.
2019 Landscape of UK innovation support accessible to SMEs in Housing, Energy, Transport and Industrial sectors. Characterised 150 programmes, interviewing a sample, to show relative coverage and gaps by type of support and sector.
2018 Landscape of UK/International Business Accelerators and Incubators focused on Energy.
2017 Stakeholders in Local Area Energy Planning. Engaged with government, public and private sectors to assess upcoming needs for local area energy planning and related tools.
SUPPORT TO START-UPS AND SMES
Our team has supported over 200 low-carbon start-ups and SMEs. Examples of what we do for SMEs includes:
Business Development and Market Engagement e.g. for a home energy innovator. Over 20 contact interviews leading to business development introductions and refinement of the offering.
Assess Market Needs and Prioritise Opportunities e.g. Developed market strategy, outline service proposition, and sized revenue opportunities for an SME with a geospatial data analysis platform for low-carbon technology deployment.
Business Model and Value Proposition development e.g. with an SME with a smart building services integration platform.
Investment Readiness support. Detailed input to business investment propositions, pitch-packs, business plans and capital needs analysis, and investor screening.
Team appraisals to align performance with growth goals are provided by an Associate and certified business coach.
If would like to find out more about our work please get in touch using the form below
TEAM & CAPABILITIES
Eigen works with a core team of associates with deep experience in low-carbon and clean technologies. We have worked together and collaborated on projects for up to 15 years. Our associates all have a combination of at least two of the following types of background experience: Senior Commercial Management, Technology Commercialisation, SME Business Support, Start-up and Growth Investment.
Eigen's founder has been leading and managing low-carbon business incubation programmes since 2006 including, previously: 2012-16 set-up and co-directed the BEIS Energy Entrepreneurs Fund Incubation Programme, 2006-11 ran a Carbon Trust Entrepreneurs Fast Track; 2003-2006 CEO of a university tech spin-out sold to a VC backed scale-up business; 2003 developed a Business Diagnostic for the SET Squared incubator covering 8 business dimensions and matching commercial readiness to technology readiness levels.
We have a good network across:
UK innovators in smart energy, low-carbon and net-zero solutions
Corporates and industrial businesses seeking low-carbon solutions and developing net-zero roadmaps
Early stage seed and VC investors
Providers of innovation and business support services