A £6m grant fund has been launched to help more than 200 companies innovate in offshore renewable energy. The Score programme, which provides grants of up to £50,000 to support firms developing new technologies, is now accepting applications. The programme is open to SME’s in Norfolk, Suffolk, Cambridgeshire and Essex. Those SMEs in the oil and gas sector, keen to diversify, are particularly encouraged to apply.
The programme is being delivered by OrbisEnergy innovation and incubation centre in Lowestoft. Johnathan Reynolds of Orbis Energy said: “This is more than double the amount of money in the previous Score programme, which supported over 50 companies, invested in 40projects and created 70 new jobs. This time we are confident that we can help over 200 businesses to develop their bright ideas and create an additional 100 jobs.”
Applicants must have no more than 250 employees and a 50 million euro turnover. The programme is part funded by the European Regional Development Fund. For more information on how to apply call: 01502 563 368 or email: [email protected].
Commenting on the new grant programme, Caroline Williams, Chief Executive of Norfolk Chamber said:
“Norfolk Chamber welcomes any support that will help Norfolk’s oil and gas sector, who are facing challenging times. This programme will ensure firms who want to innovate and diversify get the support and much needed investment to be able to drive forward and deliver growth in our region.”
