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Carlisle City Council is providing local businesses with free access to its local business support and grant portal provided by Open4Business. This is tailored for the Carlisle area and includes local, regional and national schemes.

Business can also search for funding relevant to their size and sector. To use the portal, you will first need to register with Open4Business.

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Launch of £160m Floating Offshore Wind Manufacturing Investment Scheme

Digital & Technology

04 April 2023/Categories: Grants_and_Funding

A fund has been created to support port infrastructure projects, securing the UK’s leadership in new technologies around the emerging floating offshore wind industry.

The Floating Offshore Wind Manufacturing Investment Scheme (FLOWMIS) will distribute funding to support critical port infrastructure that will enable the delivery of floating offshore wind.

Offshore wind provides affordable, secure, domestically generated renewable electricity and will play a key role in decarbonising the UK power system by 2035 and achieving the UK’s target of net zero by 2050.

Through the scheme, the Government hopes to capture benefits to the UK economy including:

  • Enabling the delivery of 5GW 2030 deployment ambition by securing the additional capacity necessary to scale up and accelerate floating offshore wind deployment in the UK.
  • Increasing capability in the UK floating offshore wind supply chain, driving cost reduction and the commercialisation of floating offshore wind technology.
  • Delivering industrial growth and associated regional economic and social benefits (eg quality jobs and increased Gross Value Added (GVA)).
  • Accelerating towards the target to achieve net zero by 2050.

Up to £160 million in grant funding will be made available. The Government expects the amount of funding requested by applicants to be an accurate representation of the public funding requirement for the project, and the minimum necessary to enable it to proceed.

Businesses established in the UK and operating in the UK’s floating offshore wind sector may qualify for support. Consortiums may apply. Applicants must demonstrate a robust business plan and a financially sustainable business model.

The deadline for applications is 25 June 2023 (23:59 BST).

 

How To Apply

For more information, visit the UK Government website.

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