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Better Futures UKSPF project closure

July 2023 – March 2025 update

The Better Futures UK Shared Prosperity Fund (UKSPF) project was originally set up in 2017 under the European Regional Development Fund. The project drew on a well-established partnership of leading organisations in London’s public and private sectors to provide bespoke business support to London’s cleantech and everyday SMEs. The support provided helped to address London's sustainability challenges and looked to accelerate the pathway to Net Zero by supporting innovation in and for Small and Medium Enterprises (SMEs).

The programme provided direct support to Cleantech (or climate tech) SMEs from across London. The project also supported non-climate tech (everyday businesses) SMEs to innovate towards low carbon business models and adopt low carbon technologies to accelerate their emissions reductions.

The Better Futures UKSPF project has now closed.

Ongoing and further support

  • Commercialisation and Innovation Support – business support for early stage, venture stage and established businesses. To explore the business support programmes available for your climate or cleantech venture, visit Sustainable Ventures.

  • Built Environment Support – Early stage Cleantech SMEs to provide solutions to GHG from the built environment. To explore new routes into green entrepreneurship and the acceleration of start-ups and SMEs tackling climate change with Imperial College London, visit Undaunted.

  • Decarbonisation Support – London based SMEs across all sectors to transition to net zero. To discuss your needs for an energy audit or carbon reduction planning, please contact [email protected]. Alternatively, visit Green Business Action.

Our vision for more sustainable businesses

The Mayor has been clear that London’s recovery from the pandemic must lead to a cleaner, fairer, more equal city with a renewed drive to tackle the climate and ecological emergencies, whilst also creating good quality jobs.

This includes a commitment to make London net zero by 2030.

The Mayor is working with London's businesses to help step up the fight against climate change, by supporting projects that will boost green jobs and tackle air pollution and the climate emergency.

What is Better Futures?

For the past 7 years, the Better Futures programme has supported London’s drive to achieve Net Zero by 2030. 

Better Futures wants London to be a beacon of cleantech, low carbon and resource efficient industry. And we want to reward carbon cutting businesses.  

We're providing support to eligible SMEs across the capital, who are seeking to innovate, grow and create jobs, promote diversity, bring new low carbon solutions to market and contribute towards helping to reduce London’s greenhouse gas emissions.

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Our projects with London businesses

Growing successful CleanTech solutions to climate change issues

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Tackling climate change in the Built Environment

Retrofit Accelerator

Futureproofing your business for a zero carbon future

WLB Better Futures

How businesses are leading the change

Find out how these small businesses have benefitted from being part of Better Futures.

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Browse the business directory for cleantech products and innovative green solutions to London’s sustainability issues.

Undaunted Better Futures event presentation slide on screen

Stay up to date

Read more about the Better Futures project, including articles and blogs about London's cleantech industry.

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The Mayor has set ambitious aims for London to be a zero carbon city by 2030. Read about the work he is doing to achieve this.

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Previous funding

Funded by the European Regional Development Fund (ERDF), Better Futures supports the growth of London-based businesses who produce technologies, goods and services that reduce negative impacts on our environment.

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Funded by the Mayor’s Green New Deal Fund, Better Futures+ builds on the success of the established Better Futures Programme to support small and medium sized clean tech businesses to transition to net zero.

Better futures_2x1_sustainable_1Nov2021

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