![business people working on sustainable innovation project - Green renewable energy concept](/responsible-business/sites/maingel2/files/styles/post_featured/public/images/shutterstock_2177643787.jpg.webp?itok=6gSfjm4I)
‘Launchpad: net zero industry, south-west Wales’ - a partner project which builds on the success of the region’s well-established south Wales Industrial Cluster (SWIC) - is set to benefit from up to £7.5 million of new investment to drive the area’s innovation and business growth in renewable technologies.
Businesses and researchers from across Wales and the UK can benefit from the Launchpads programme - providing their project has a direct impact on the south-west Wales region, made up of Neath Port Talbot, Swansea, Carmarthenshire, and Pembrokeshire.
Businesses can apply for competitive grants, with other support, for innovation projects that focus on technologies that support the region’s transition towards net zero - such as floating offshore wind investments, green or blue hydrogen production and distribution, CO2 capture and storage, and sustainable fuel solutions.
Grant funding available starts from £25,000, with up to £1 million for projects that provide exceptional impact to the cluster. The competition opens on 30 October 2023 and closes on 13 December 2023.
Join the online competition briefing event, which takes place on 9 November 2023 at 11am, to find out more please select the following link Eventbrite
Innovate UK have a wide range of funding opportunities open to Welsh business to innovate and invest in RD&I.
The Welsh Government Innovation team can help you to access this funding and further support your business: CRISP23 - On-Line Innovation Funding Support Meeting