Whilst some details are in the process of being finalised, we are able to share with you some information we have on a new business support programme aimed at promoting research, development and innovation (RD&I) across Cornwall and Isles of Scilly (CIoS).
The AeroSpace Cornwall programme offers technical and commercial support for businesses looking to develop products, services and technologies which could add competitive advantage to the aerospace and space sectors.
The programme, led by Cornwall Development Company, is delivered in partnership with the West of England Aerospace Forum and aims to increase the size and capability of the CIoS Aerospace and space clusters and secure ongoing investment in them.
Headlines as follows (based on our Q&A with the programme manager):
|Who is eligible?||Any CIoS business looking to collaborate on RD&I which could add value in the Aerospace and Space sectors (from any industry – engineering, manufacturing, digital, energy etc.). The business must be able to match fund and willing to engage with a RD&I consortium, and carry out the project by November 2019.|
|Size and intervention rates for grants and vouchers||The maximum grant (for the whole consortium) is c. £150k although there may be exceptions to this, and the intervention rate required from the SME is likely to be 50% (although in some cases this could be as low as 20%).
The innovation vouchers are £5,000 and will be fully funded by the project.
|Types/focus of RD&I projects being sought||At this stage there are no limits, although technologies related to unmanned systems, space flight and satellite manufacturing are high on the wish list.
The technology is likely to be at the proof of concept stage, and there will be ‘end users’ who will guide the project from a customer/consumer perspective.
|Other assistance available||Other assistance available includes:
We understand that a website with more details will be up and running in the next few weeks and will contain more details of the scheme and contact details. In the interim we would suggest that interested parties contact: