This call will focus on Innovation, Business Support and Low Carbon, and whilst the activity must take place in the Coast to Capital area we are looking for bids from organisations across England.
The £4.6 million available for innovation projects will be broken down into three calls, two of which will be led by Enterprise M3 Local Enterprise Partnership in a Cross-LEP call which will include Coast to Capital LEP, Enterprise M3, Dorset, Solent, and Thames Valley Berkshire:
- Innovation - £4 million ERDF
- Knowledge to Market Accelerator - £500k ERDF (£100k Coast to Capital)
- Quantum Computing Supply Chain Initiative - £2m (£500k Coast to Capital)
Of the £5.75 million available for Business Support the ‘Coast to Capital Sector Specific Business Support Programme’ will be worth £5 million ERDF and the ‘Internationalisation’ call will be worth £750k ERDF. The final £4 million ERDF will be a call for Low Carbon proposals.
There are many examples of ERDF funding being used to great effect across England including the construction of the Thames Valley Science Park in Reading, Berkshire, a 700,000 square foot £11.46 million gateway development part-funded by a £5 million ERDF Priority Axis 1: Research and Innovation grant.
To help you develop your proposed ERDF project Coast to Capital will be holding a launch event and workshop on Friday 15 December at the Horsham Training Centre.
Projects must be matched at a minimum rate of 50% and be a minimum total project size of £1 million (£500,000 ERDF). Projects should also plan to deliver activity for a maximum of 3 years. Once the call has been launched applications will be assessed after the expected closing date of Friday 26 January 2018.