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Cornwall and Isles of Scilly – Research, Development and Innovation in the marine sector

This week has seen the unveiling of the website for the Marine-i project and the firming up of details for their first Discovery Room event ‘How can RDI projects attract investment and what are the options available?’

PKF Francis Clark act for a number of businesses in the Marine sector (and in the wider sector of marine technology); therefore, we have been actively engaged with the Marine-i team for a couple of months and have been impressed with their knowledge of the sector and their enthusiasm.

What is Marine-i and why should this interest me?

  • Administers a grant fund that can provide grants from £5K to £150K for the right projects
  • It can provide access to first class laboratory and testing facilities
  • It can provide access to subsidised research services via its partners

Part funded by the European Regional Development Fund, the Marine-i project brings together expertise and key infrastructure from Cornwall Development Company and partners: University of Exeter, Cornwall Development Company, University of Plymouth, Offshore Renewable Energy Catapult, The Cornwall College Group and Cornwall Marine Network.

Marine-i, are focussing on four interconnected themes: marine energy, marine manufacturing, maritime operations and marine environmental technologies. They aim to stimulate and support RDI to help businesses exploit new market opportunities.

The team includes the innovation managers from the partners, who provide technology innovation support to businesses and act as the conduit to access the wide range of specialist services and facilities that are available within the project.

Further details of what Marine-i offers

The website gives details of what is on offer, summarised as follows:

  • Business support and research support
  • Access to COAST Lab – a test facility hosted at Marine Building, Plymouth University
  • Access to renewable marine energy risk and cost reducing test facilities – through the partnership with Offshore Renewable Energy Catapult
  • Graduate staff at a subsidised cost
  • ‘Discovery Room’ event programme –events which bring together thought leaders from industry, representatives from market-leading organisations, technology companies and research experts to discuss market challenges and potential solutions
  • Marine Challenger Fund – see below

Marine Challenger Fund is a delegated marine grant scheme that has been specifically designed to drive marine sector research, development and innovation and help bring new marine products, processes and services to market. Subject to eligibility, reimbursable grants of around £5,000 to £150,000 are available for projects with growth potential.

The Marine-i project team are keen to engage with:

  • Marine businesses interested to develop new technology
  • Businesses interested in the opportunity presented by the marine sector

In either case, you should be based in Cornwall and the Isles of Scilly; or you could be based anywhere in the world and would like to establish a base in the Cornwall/Isles of Scilly. To make contact and/or check eligibility please click here.

FEATURING: Scott Bentley
Scott is a partner in the Truro office. He trained and qualified with one of the largest international accountancy firms in the world where he… read more
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