The Government has launched the Bord na Móna funded Accelerate Green Programme, which is designed to help promote the adoption and acceleration of green and sustainable business activity in the Midlands region and further afield.
The programme will help companies to scale their business, as the demand for sustainable and energy efficient solutions increases across the world.
Between eight and twelve companies are expected to participate in the programme, which is due to start early next year.
"I want to encourage all companies to assess their current processes and take advantage of the Government supports available, such as Enterprise Ireland's Climate Enterprise Action Fund," said Robert Troy, Minister for State at the Department of Enterprise, Trade and Employment.
"We have set ourselves ambitious climate targets and I believe this presents significant opportunities for businesses across the Midlands and Ireland to explore new ways of working as we look ahead to building a low-carbon future," he added.
Accelerate Green will be located at Bord na Móna's existing office complex in Boora, Co. Offaly.
Bord na Móna has partnered with Resolve Partners and ERINN Innovation to establish Accelerate Green.
Tom Donnellan, Chief Executive of Bord na Móna, said the Accelerate Green programme is another important step in creating a more sustainable future for Ireland.
"As an Irish climate solutions company, helping to lead Ireland towards a climate neutral future, we believe it is important to support scalable companies whose innovations will have a positive impact on climate action," he said.
Accelerate Green is looking for applications from limited companies that are intent on solving social and environmental challenges and have a focus on growth to stimulate low carbon, circular economies.
All the details are available at www.accelerategreen.ie.