ICAX Limited, a leading cleantech innovation company specialising in the design of renewable and heat pump systems, is proud to announce the receipt of a Business Development Grant from Blaenau Gwent County Borough Council. This grant will support ICAX's efforts to validate and certify its innovative products, further solidifying its position in the renewable energy market.
The grant will be used to fund external consultancy for third-party product performance validation, specifically for the Microgeneration Certification Scheme (MCS). MCS provides independent certification of low-carbon products, ensuring their quality and safety. Achieving MCS certification for the ICAX Seren 10 Heat Pump will demonstrate its superior quality and safety to customers, enabling faster commercialisation and increased market reach.
ICAX's facility in Blaina produces the Seren product range, including the Seren 10 air source heat pump (ASHP), the Seren Hub hydraulic unit, and the Seren Slate touch pad controller. These products have been carefully developed for the domestic retrofit market through systematic R&D processes. The company has also created the ThermalBankTM technology, which enables sustainable heating and cooling by recycling heat energy inter-seasonally.
"We are thrilled to receive this grant, which has helped us validate and certify our innovative heat pump solutions," said Mark Hewitt, CEO, ICAX Limited, "This support will enable us to demonstrate the superior quality and safety of our products, further establishing ICAX as a leader in the renewable energy market."
Cllr John Morgan, Cabinet Member for Place, Regeneration and Economic Development commented, "We are immensely proud to support ICAX in their efforts to bring such an innovative Renewable Energy Solution to the market and increased employment to the surrounding area. We look forward to their continued success and contribution to the local economy."
The Blaenau Gwent Business Development Grant is funded by UK Government’s Shared Prosperity Fund and managed by the Business & Innovation Team at Blaenau Gwent Council. The Business Development Grant aims to support the growth and development of new and existing businesses in Blaenau Gwent. The scheme is now closed but businesses that require financial support are encouraged to complete the online EOI form at the link below and if further funding becomes available from April 2025 onwards businesses on the waiting list will be contacted.
https://formbuilder.evolutive.co.uk/formsite/form/f530b997-67cf-4775-af03-1434e30ece30
