A new fund on the block for 2014, supported by Centrica through their Ignite Social Enterprise, the money available is to support entrepreneurs in the energy sector.

Do you have a sustainable energy idea, the delivery of which can change and sustain communities? Whether you just have an idea, or are already seeking capital investment for your product or service, the Ignite fund is worth a look.

Centrica are providing funding of £10 million over the next ten years. The fund is seeking to make investments of between £50,000 and £2 million.

Your project must have clearly identifiable social aims, with clear outputs and goals and be energy sector facing. Your engagement with the Ignite fund may be as equity or as debt.

Ignite…driving innovation at every point of the energy chain – from sourcing and generation through to supply, service and saving energy. And by investing in social enterprises we’re making a positive impact on employment, income, housing and local communities.

To find out more about the fund you can visit the How to Apply section of their website here,  All the eligibility criteria for the fund are available and you can apply on-line from the fund web site.

If successful in a bid, the top three applicants will also be able to join the Wayra Academy in London, for ongoing support and project development, You can read the Wayra press release from the fund launch here.

Applications for this round of the Big Energy Idea close at the end of February 2014.