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Tuesday, June 20, 2017

New funding unveiled for London to realise ‘immeasurable’ clean tech potential

New funding unveiled for London to realise ‘immeasurable’ clean tech potential

Mayor of London Sadiq Khan has said he wants the capital to lead the way in smart and clean technologies, and has unveiled a new incubator fund to help achieve that goal.


Last week the mayor opened London Tech Week and set out the ambitious aim of establishing London as the world’s “leading ‘smart city’” which places digital, low carbon technologies and data management at its centre.


Opening the event, Khan said that low carbon, digital technologies are essential to tackling some of the capital’s most prominent economic, social and environmental challenges, particularly in air pollution, housing and transport.


In order to help realise some of those technologies the mayor unveiled a new funding initiative dubbed ‘Better Future’, a clean tech incubator fund which is to help support London-based businesses specialising in those fields.


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