INDUSTRY FUNDING
SCORE HITS £½ MILLION MILESTONE
Companies working to make offshore renewables more cost-effective have won a total of £500,000 in grants from the £6million SCORE fund so far.
By mid-January 2017 £240,000 had been awarded to support companies build their businesses in the growing sector. Business advisors had provided 104 hours of business support to applicants and 44 SMEs had engaged in its programme.
COMPANIES WITH DIVERSE APPLICATIONS
SCORE project manager Rob Bush enthused: “It has been wonderful engaging with so many companies with such diverse applications. It is incredible what inspiring work is being done in SMEs in the sector across the country. The team is excited to see the applications to come because they have been blown away by those so far. “I’d advise any SME who believes it might have a project that qualifies for a SCORE grant to pick up the phone and chat with the team. We are here to work with companies to make them successful if we can.”
FUNDING DETAIL
SCORE - Supply Chain Innovation for Offshore Renewable Energy - grants are available to start-up and established companies for up to 40% of eligible costs or £50,000, whichever is the lower, with a minimum grant of £2,500. Companies can also access up to 12 hours of subsidised business support from regional enterprise agency Nwes to help grow and develop their business.
Based at the offshore renewables hub in Lowestoft, OrbisEnergy, the programme is delivered by enterprise specialists Nwes, energy industry experts Nautilus Associates and the national Offshore Renewable Energy Catapult centre.
CATAPULT SUPPORT
Successful applicants have access to the research and development facilities of Catapult and technical support from its experts.
The funding is designed to help companies in a wide range of areas, including research and development, collaboration with universities and research bodies, securing patents, acquiring specialist equipment or services and investigating the commercial viability of processes and technologies.
SCAN/CLICK SCORE
CASE STUDY 1 – FERN COMMUNICATIONS
WINDFARM RADIO SYSTEM OFFERS HUGE SAVINGS
A new radio communications system to serve the East of England’s growing offshore windfarm construction industry was developed with the help of a £50,000 SCORE grant.
MORE INFO
www.windenergynetwork.co.uk
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