Businesses and researchers in Wales with projects that support the transition to Net Zero can apply for funding from today (Monday 30th October), as part of a new ‘Net Zero Industry Launchpad’ for South West Wales.

Grants start from £25,000, with up to £1 million available for projects which provide exceptional impact to the South West Wales region.

The aim of the competition is to support outstanding innovation projects led by businesses. Your business must be active or growing work actitivities in either Carmarthenshire, Neath-Port Talbot, Pembrokeshire or Swansea, and your project must focus on net zero innovation for industry.

Projects focused on the following areas within the region are invited to apply:

  • Offshore wind (FLOW) in the Celtic Sea
  • Novel onshore renewable generation
  • Green or blue hydrogen production and distribution
  • Co2 capture, distribution and storage
  • Sustainable fuel and platform chemical production
  • Fuel switching
  • Electrification
  • Low carbon heat distribution and utilisation
  • Mini grid community systems
  • Supporting innovation in skills development

The South West Wales Launchpad is one of eight facilitated by Innovate UK across Britain. The Launchpads programme is designed to support emerging clusters of small and medium-sized enterprises (SMEs) by providing each one with up to £7.5 million to fund innovation projects.

Launchpads concentrate their support in specific areas of the UK with strong innovation capabilities. This approach encourages close collaboration with local leaders and provides tailored support, including funding for research and development, access to specialised innovation resources, and opportunities for SMEs to connect, share ideas, and participate in joint ventures.

The deadline to submit an application is 11am on Wednesday 13th December.

An online briefing session is being held on Thursday November 9th 2023 . Register to attend.