Deadline: 13 December 2023
UK registered businesses can apply for a share of up to £100,000 for projects that grow activities in the net zero industrial cluster in South West Wales – Round 1 Minimal Financial Assistance (MFA).
Innovate UK, part of UK Research and Innovation, is to invest up to £2 million in innovation projects.
The aim of this competition is to support outstanding innovation projects led by businesses. Your business must be active or growing work activities in the net zero industrial innovation cluster in South West Wales, consisting of Carmarthenshire, Neath-Port Talbot, Pembrokeshire and Swansea.
This Launchpad competition supports the Government’s goals in the Levelling Up White Paper. The projects will contribute to South West Wales’s ambitions for net zero and industrial decarbonisation.
Specific Themes
Your project can focus on one or more of the following:
- Offshore wind (FLOW) Celtic Sea
- Novel onshore renewable generation
- Green or blue hydrogen production and distribution
- CO2 capture, distribution and storage
- Sustainable fuel and platform chemical production
- Fuel switching
- Electrification
- Low carbon heat distribution and utilisation
- Mini grid community systems
- Supporting innovation in skills development
Project Size
- Your project’s grant funding request must be between £25,000 and £100,000.
Projects they will not fund
- They are not funding projects that:
- do not contribute to innovation activity in the net zero industrial innovation cluster in South West Wales
- are within scope of the Cluster management strand of this Launchpad competition
- request grant funding of less than £25,000 or more than £100,000
- They cannot fund projects that:
- involve primary production in fishery and aquaculture
- involve primary production in agriculture
- have activities relating to the purchase of road freight transport
- are not allowed under De minimis regulation restrictions
- are not eligible to receive Minimal Financial Assistance
- are dependent on export performance, for example giving an award to a baker on the condition that they export a certain quantity of bread to another country
- are dependent on domestic inputs usage, for example if they give an award to a baker on the condition that they use 50% UK flour in their product
Who can apply?
- Your project
- Your project must:
- last between 6 and 12 months
- intend to exploit the results from or in the UK
- start at the earliest on 1 April 2024
- end by 30 April 2025
- Projects must always start on the first of the month and this must be stated within your application. Your project start date will be reflected in your grant offer letter if you are successful.
- Your project must:
- Lead organisation
- To lead a project your organisation must:
- be a UK registered micro, small or medium-sized enterprise (SME)
- be active or growing your work activities in the net zero industrial innovation cluster in South West Wales.
- have a demonstrable ambition for business growth
- To lead a project your organisation must:
- Subcontractors
- Subcontractors are allowed in this competition. Their contribution must add to the innovation led growth of the cluster.
- Subcontractors can be from anywhere in the UK and you must select them through your usual procurement process.
- They expect all subcontractor costs to be justified and appropriate to the total eligible project costs.
- Number of applications
- A business can lead on only one MFA strand application for this competition.
For more information, visit Innovate UK.