UK businesses can apply for a share of up to £2.9 million for business led projects that grow their innovation activities in the net zero industrial cluster in Southwest Wales.
Innovate UK, part of UK Research and Innovation, will work with Welsh Government and its agencies to invest up to £2.9 million in innovation projects. This funding is from Innovate UK’s Launchpad programme which supports the UK government’s goals for local economic growth. This Launchpad is also supporting Net Zero Industry Wales as the local cluster management organisation.
The aim of this competition is to support outstanding innovation projects led by businesses. Projects must be collaborative.
Your business must use the funding to grow your innovation activities in the net zero industrial cluster in Southwest Wales, both during and after the project. This region consists of Carmarthenshire, Neath-Port Talbot, Pembrokeshire and Swansea. Your project can focus on the markets for industrial decarbonisation in Southwest Wales and globally.
Your project’s total eligible grant funding request must be between £150,000 and £750,000. This can cover up to 70% of costs, depending on project type and business size.
Registration for the competiton closes at 11am on 9 April 2025.
For further information please select the following link: Launchpad: net zero industry, Southwest Wales – Rd2 CR&D - Innovate UK Business Connect
Innovation can help your business become more competitive, increase sales and enter new markets.
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