Dates:
Competition closes: 11 December 2024, 11am
Applicants notified: 7 February 2025
Scope – Projects must demonstrate:
- more innovation activity or value creation in the cluster or outside the Greater South East of England, during and after the project
- more engagement in the innovation cluster, during and after the project
- closer alignment to this competition’s scope and specific themes
- Specific Themes – non-exhaustive
- Project must focus on: offshore renewable generation, novel onshore renewable generation, carbon dioxide capture, distribution and storage, nature based solutions to achieving net zero (excluding primary production in fisheries, aquaculture, and agriculture), the circular economy, fuel switching, electrification.
- Projects can also consider; offshore wind (FLOW) Celtic Sea, sustainable fuel and platform chemical production, low carbon heat distribution and utilisation, mini grid community systems, innovation in skills development, advances that empower your business to start your journey to net zero, innovation that enables other businesses to learn from you and replicate your example.
Projects we will not fund
- are led by a business who led a successful application to South West Wales Launchpad MFA Round 1 competition
- involve primary production in fishery and aquaculture or 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 we give an award to a baker on the condition that they use 50% UK flour in their product
Eligibility
- Total grant request between £25K and £100K for projects lasting between 6 and 12 months.
- Subsidy Control and EC State Aid funding rules apply
- Project must be led by a UK SME active or growing within the net zero industry cluster centred in South West Wales.
- Single applicant projects only.
- R&D work must be carried out in the UK and project results exploited from UK.
- Subcontractors must be UK based, with costs justified and appropriate to the total costs.
Funding Rates
- Projects funded at 100% total project costs up to £100K. If your grant funding request exceeds the £100,000 maximum then your application will be made ineligible. Your project costs can be higher than your grant funding request.
How PNO can support you
The UK team has a strong track record in securing some of the most competitive national and European grants on behalf of its clients, with a full understanding of how a project should be presented to stand the highest chance of success. Each year in the UK alone, we are responsible for the submission of more than 100 funding applications across all sectors and priority areas. Based on this extensive experience, through careful project selection and using key insight into how a project should be best positioned, we consistently achieve success rates that are more than 5 times the typical success rates for UK national schemes and EU programmes.
For further information or to discuss a project idea please contact PNO Consultants
0161 488 3488 | info.uk@pnoconsultants.com
