MOSL has announced that round three of the Market Improvement Fund - the only fund dedicated to supporting innovation in the non-household water market – is now open and accepting applications.
MOSL has announced that round three of the Market Improvement Fund - the only fund dedicated to supporting innovation in the non-household water market – is now open and accepting applications.
Applicants have until 12pm on 10 November to apply for £10k-£200k of funding for projects that will benefit the market.
To be eligible for the fund, the project must:
- Enhance market functioning and benefit non-household customers
- Not be considered 'business as usual'
- Not confer any competitive advantage to any trading party or group of trading parties
- Be sponsored by at least one trading party or MOSL.
Whilst there is no restriction of types of project bids, those that align with the Strategic Panel's priorities for value creation, improved customer service and water efficiency are strongly encouraged.
MOSL published the application pack for the Market Improvement Fund round three at the end of August. The application pack contains:
- The application form with completion guidance
- The applicant handbook
- The Project Selection and Governance document
- Terms and Conditions
- The Privacy Notice.
The Market Improvement Fund is owned by the Strategic Panel and facilitated by MOSL. The initiative is funded by a proportion of Operational Performance Standard (OPS) and Market Performance Standard (MPS) charges.
Since its launch in 2021, the fund has awarded over £1.5 million in total funding to 16 projects. The second iteration of the fund in March 2022 awarded £890k to nine successful applicants, who were judged by an independent Selection Committee.
Click here to download the full application pack. Completed applications should be sent to
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