Six companies have been given the opportunity to advance Britain's green technology after winning contracts to develop energy-efficient lighting, aimed at reducing fuel consumption in UK homes.
The Technology Strategy Board together with the Department for Environment, Food and Rural Affairs (Defra) announced its support for the businesses by awarding them financial support from a £1.2 million research fund.
Environment minister Lord Henley said: "This exciting competition gives six companies the opportunity to put Britain at the forefront of the global effort to produce new innovative and low-energy products."
Cambridge Consultants, Juice Technology, Marl International, PhotonStar LED, Tridonic Atco (UK) and Zeta Controls each received £40,000 to demonstrate how they will create the technology behind more energy-efficient lighting.
Defra confirmed that after three months, the studies will be assessed and the companies with the most promising concepts will receive up to £450,000 to go ahead with their projects.
Earlier this month, the government released plans to create a Green Investment Bank, which will help the development of renewable energy technologies.
Posted by Lauren Steadman