OWGP awards £2.4m to eleven UK businesses and launches next funding round
Summary
With this new targeted fund, we hope to enable more UK-based organisations to play their part in the growth of renewable power in UK and international waters.Grants of up to \xa3500,000 are available to cover up to 50% of project costs and will be awarded on a competitive basis. Successful proposals will demonstrate a long-term business plan, and clear ambition to unlock significant growth potential in UK content, jobs, and export opportunities in the offshore wind sector.More information is available from OWGP who are exhibiting at the Scottish Renewables Offshore Wind conference in Glasgow this week, and at a briefing webinar on Friday 2 February 2024. You can register for the webinar here.Today, OWGP also revealed the 11 companies that have secured a share of the \xa32.4 million funding pot released in May 2023. EchoBolt, Insensys, Unmanned Survey Solutions, Encomara, Quoceant, Technip FMC, Plaswire, CRC Evans, London Marine Consultants, SeaRoc and Windscope have all been awarded OWGP Development Grant Funding to support offshore wind supply chain projects totalling \xa35m. The successful projects have a key focus on improving capability, increasing competitiveness, and driving forward business growth within the offshore wind sector.For more information and to apply for funding, visit https://owgp.org.uk/programme/development-grants/Read the latest issue of the OGV Energy magazine HERE
Funding
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