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"Putting this rapidly-evolving technology into action will enable us to save energy costs for businesses and households, create high-value, skilled jobs, and kickstart millions of pounds of private investment while supporting our net zero targets."
So says Britain's science minister, George Freeman, in announcing $1.7 million in funding for artificial intelligence projects to reduce carbon emissions, per the Guardian.
The AI for Decarbonization Program, part of the UK's $1.19 billion "Net Zero Innovation Portfolio," will offer up to $595,682 in funding to help co-finance a virtual center of excellence on AI innovation and decarbonization until March 2025.
A second funding stream will go toward "innovative initiatives" that further the development of AI technology to help decarbonization. Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
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One of the biggest institutional investors in the world, Nuveen, is putting its money where its mouth is. In a podcast with Paul Ellis of Forbes, Radhika Shroff, managing director of impact...more
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The West African country of Burkina Faso has been hard hit by the effects of climate change droughts, flooding, and rising temperaturesand now it's looking to get some cash from the international...more
"No matter how hard we work, until we get our capital aligned, we're not going to fix the problems," Cory Donovan, executive director of ImpactPHL, tells Technical.ly. That's why the nonprofit in...more
A Boston-based investment firm is teaming up with an American Cancer Society affiliate to try to raise $5 billion for social impact investments over the next five years, the Boston Globe...more
Social Entrepreneurship
Spotlight
This Social Innovation Helps Prevent Bed Sores in Wheelchair Users
Co-founders William Mann and David Mravyan devised the Sensimat during a mandatory project for their MBA at the Richard Ivey School of Business in Canada. Sensimat is a device that helps manage and assess pressure among wheelchair users.
