Offshore Wind Growth Partnership Development Grants Competition
A share of up to £2 million is available to help UK businesses to capitalise on offshore wind.
The Offshore Wind Growth Partnership (OWGP) has issued its next funding call, with a total funding pot of £2 million for projects that will lead to a step-change in company growth within the offshore wind sector.
Projects can focus on one or more of the following areas that facilitate company growth:
- Investing in new equipment or facilities to increase manufacturing or service delivery capacity or capability.
- Developing and implementing new operational processes that will increase competitiveness in the United Kingdom and global markets.
- Investing in new technologies, products and/or services to improve operational performance, reliability and/or efficiency. Please note that any technology development should be near-to-market, ready for commercialisation. This includes floating technology.
- Other activity that will grow the company and lead to increased jobs, turnover and/or exports.
The call is open to a wide range of proposals across the existing supply chain and beyond, to fund projects that will lead to an increase in UK content, jobs, turnover and/or exports in the offshore wind sector.
Grants of £50,000 to £500,000 are available to UK businesses for projects that align with scope areas above. The call is open to a wide range of proposals across the existing offshore wind supply chain and new market entrants.
The deadline for Stage 1 applications is 5pm on Friday 21 July 2023.
First published 31 May 2023