EU funding boost enables Cornish marine businesses
A collaboration to support marine businesses in Cornwall and the Isles of Scilly has been launched after receiving EU funding.
A collaboration to support marine businesses in Cornwall and the Isles of Scilly has been launched after receiving EU funding.
Called Marine-i, the scheme will combine infrastructure and expertise to enable innovation in Cornwall and the Isles of Scillyโs marine sector.
Project manager Professor Lars Johanning, from the University of Exeter said, โMarine-i will strengthen business innovation and has been set up in direct response to the Cornwall and the Isles of Scilly marine roadmap to secure the continued growth of this sector. There is an expectation that as the regional commercial infrastructure grows, the marine sector will grow in Cornwall and the Isles of Scilly through smart innovations benefiting from the expertise and skills within the local supply chain and academia. This funding provides a unique opportunity for businesses to enhance expertise and create jobs through collaboration and co-creationโ
Four interconnected themes will be the focus of Marine-i, marine energy, manufacturing and environmental technologies, in addition to maritime operations. It is expected to both stimulate and support business-led and market driven R&D and innovation to drive productivity. Marine-i, is a ยฃ9.3m collaboration that will receive up to ยฃ6.8m from the European Regional Development Fund.