BRAVE

Between early-stage R&D and large-scale energy infrastructure, mid-scale local clean energy systems fall into an investment "valley of death" as they fail to find scalable financing solutions. To bridge this "business readiness" gap, BRAVE ( brings together seven European cities and regions to co-develop lasting public-private investment models, connecting local energy systems with scalable finance solutions.

Project partners      Rotterdam, Aarhus, BOM, C2DE, Cambridge Cleantech, Cleantech Scandinavia, Erasmus Centre for Entrepeneurship, Flux50, LNC, Malmö, Pôle MEDEE, University of South-Eastern Norway, hannoverimpuls & ASTER

13 organisations from industry, academia and the public sector have partnered in the Business Readiness Acceleration for Innovative Regional Energy Ecosystems (BRAVE) initiative to find answer. 

Across the next four years, partners will build seven flagship regional investment ecosystems for cleantech across Europe. Through scalable investment programmes for low-carbon energy systems, electrified public transport fleets, and residential heat pump schemes, the partnership will test and iterate solutions to cross the 'business readiness gap' for cleantech at the local level. 

With funding from the European Union’s Interreg North Sea programme, BRAVE aims to mobilise a combined €150m of new investment into local energy systems to find scalable public-private approaches.

More information on the website: https://www.interregnorthsea.e...