Cornwall Marine Network has announced that its Cornwall Marine Capital Fund, worth GBP 1.85 million is available.
It is funded by the Regional Growth Fund, which is operated by the UK Department for Business Innovation and Skills. The key aim of this fund is to support capital project led activities enabling job creation and supporting the sustainable and long term growth of the marine sector by ensuring the regeneration and expansion of its capital infrastructure network.
This programme will offer grants primarily to small and medium enterprises (SMEs) operating in the marine sector, matched by their existing funds and/or private sector borrowing. In exceptional circumstances, large businesses may also apply to the programme.
Minimum grant size is £50,000 and maximum grant size is £500,000.