Antaco has been recognised and awarded funding as part of The Department of Energy and Climate Change (DECC) support for UK clean-tech start-ups. DECC announced that The Energy Entrepreneurs Fund, Energy Storage competitions and Advanced Heat Storage scheme were to provide £21 million to help clean-tech start-ups bring their game changing technology to market. The funding is designed to spur on innovation in the low carbon sector, helping to support jobs and create export opportunities as well as help the UK meet its carbon targets. After announcing the successful recipients, Energy and Climate Change Minister, Greg Barker, said: “This new investment will give these organisations the boost they need to drive forward the development of a range of innovative low carbon designs, helping cut costs and bring new technologies to market in this sector. Innovation is vital for the move towards a low carbon economy and it’s great to see so many entrepreneurs rising to the challenge. I wish the winners every success with their projects.” Over the past 5 years Antaco has developed a process that turns biowaste into a high value biofuel – biocoal. Antaco’s technology is unique with its ability to convert 100% of organic matter into a high heat value biofuel – biocoal. In so doing, solves two major issues a) diverting waste from landfill and b) providing a carbon neutral fuel. The grant will enable Antaco to progress to the next stage of building and commissioning its first prototype plant which will be producing approximately 500 tonnes of biocoal by March 2014.