MOSL has announced the successful projects from the second round of the Market Improvement Fund (MIF).
The MIF offers individuals or groups up to £150k from a £1.5m fund for projects that improve the non-household market.
We received 13 bids in total, equating to over £1.4m in requested funding. All bids were reviewed for eligibility and scored by the independent Selection Committee and subsequently approved by the Strategic Panel. The Selection Committee has awarded £740k in total to eight successful bids.
Steve Formoy, MOSL’s Director of Finance and project sponsor, says: “We continue to be delighted by the quality of the bids we’re seeing submitted to the Market Improvement Fund. We’re pleased to see so many projects tackling some of the biggest issues in the market, with several aiming to help the non-household market drive water efficiency benefits for customers. We look forward to following the successful applicants as their projects progress and sharing these updates with the market.”