Maritime & Marine

Major boost for Dorset maritime with Great South West set to receive up to £7.5m national funding

Weymouth’s Centre for Environment Fisheries and Aquaculture Science (CEFAS), which took part in the Ocean Futures Partnership.

By Daniel Face [email protected]

Published: November 2, 2023 | Updated: 15th November 2023

Dorset and other South West counties have been chosen to receive up to £7.5 million of investment as the UK’s Marine and Maritime Launchpad.

Innovate UK logoThe money will help drive innovation and business growth within the region, with Dorset SMEs invited to bid for funding from £25,000 all the way up to £1 million.

It builds upon work undertaken by the Ocean Futures Partnership – which saw involvement from QinetiQ Portland and CEFAS in Weymouth – to establish the South West as a supercluster in the development of clean and innovative maritime technologies.

Karl TuckerKarl Tucker, Chair of the Great South West, said: “It’s fantastic to see the region recognised for its leadership in maritime innovation.

“The Great South West is the blue capital of the UK, where 21st century innovation meets a legacy of maritime expertise.

“We look forward to continuing to support key players in our maritime sector to seize new opportunities, create jobs and support economic growth.”

The news has been welcomed within the county by Cecilia Bufton, Chair of Dorset LEP.

Cecilia BuftonShe added: “Innovate UK’s Marine and Maritime Launchpad funding is very welcome news for Dorset, and an important milestone for our partnership with the Great South West.

“The maritime sector makes an extremely important contribution to jobs, skills and our local economy.

“Dorset businesses lead in a wide range of marine and maritime specialties, from clean propulsion, security and design to the manufacture and repair of yachts and boat building.

Dorset LEP logo“We’d strongly encourage and support Dorset-based businesses to bid for a £25,000 to £1m slice of this funding.”

The competition is open from now until 6th December, with successful applicants also able to benefit from access to specialist support and networking opportunities.

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