Driving growth in the economy by investing in research, development and innovation. This will be done in two ways, through investments focusing on five key markets where there is an identified competitive advantage – agri-tech, digital economy, e-health and e-wellbeing, marine technology, space and aerospace – and through support to increase innovation across all businesses in Cornwall and the Isles of Scilly.
United Downs Geothermal Project
E-Health Productivity and Innovation in Cornwall (EPIC)
Aerospace and Space – Cluster Growth Investment Project
The Cornwall Agri-Tech Project
Acceleration through Innovation
Debit Escrows and Smart Contracts in FinTech
Wave Hub Offshore Cable Extensions
Isles of Scilly Voucher Scheme
£10million European Funding Call – Research and Innovation in Cornwall And The Isles Of Scilly
Up to £10 million is now available through the European Regional Development Fund (ERDF) in Cornwall and the Isles of Scilly. The funding call forms part of the Cornwall and Isles of Scilly Growth Programme, building on Convergence funding to deliver economic regeneration from 2014-2020.
This call invites outline applications which support the delivery of Priority Axis 1 of the European Regional Development Fund Operational Programme and respond to the local development need set out in the Cornwall and Isles of Scilly Integrated Territorial Investment Strategy.
The strategic priority for the Cornwall and the Isles of Scilly Local Enterprise Partnership set out under the ‘Future Economy’ strand of the Integrated Territorial Investment Strategy is: ‘Investment which will capitalise on Cornwall and Scilly’s strengths and unique characteristics to exploit new and emerging markets’. This priority will drive growth through investment in research, development and innovation, supporting the business base (existing and new) to integrate into the supply chains of identified global markets where there is a significant competitive advantage.
The areas of research, development and innovation intervention that have been identified that would build upon local assets to best effect identified under the Smart Specialisation agenda for Cornwall and the Isles of Scilly:
Smart Specialisation Sectors
- Digital Economy
- E-health and E-wellbeing
- Marine technology
- Space and aerospace
Proposals should demonstrate alignment with local development need and priorities including:
- Linking to the smart specialisation framework and strategic activities set out in the Cornwall and Isles of Scilly’s Research and Development and Innovation Framework;
- Drawing on the Cornwall and Isles of Scilly Research and Innovation Evidence Base and Cornwall and Isles of Scilly Research and Innovation Evidence Base Appendices to ensure local strategic fit. These include the findings from a comprehensive document review, data analysis and consultation with key businesses and sector representatives. This work informed the development of the Research and Development and Innovation Framework;
- Developing and supporting appropriate models that encourage research and innovation to develop business opportunities in the identified growth markets;
- Undertaking collaboration with centres of excellence to support growth and exploit market opportunities;
- Making investments which build upon current physical and knowledge assets, maximising investments made under previous European funding programmes and addressing identified gaps in research, innovation and knowledge infrastructure;
- A demonstration as to how delivery will be extended to the Isles of Scilly, and remote and rural areas of Cornwall;
- Contributing towards high value added and sustainable growth – to have the capacity to grow the business, increase productivity and/or generate high value and durable jobs for the local economy;
- The embedding of the inclusion (for Cornwall: http://inclusioncornwall.co.uk/about-us/strategy/) and environmental growth (for Cornwall: http://www.cornwall.gov.uk/environmentalgrowth) strategies outlined in the Cornwall and Isles of Scilly Integrated Territorial Investment Strategy. In addition, the principles of inclusion and sustainable environmental growth need to be articulated with specific reference to the Isles of Scilly.
Applicants are encouraged to explain how they will work closely with any European Social Fund skills provision and any national skills provision to support an increase in higher level skills to underpin economic growth.
Access to the Programme – Funding Call Support
Any potential applicants wishing to pursue this funding call can make use of the Access to the Programme Team. This free resource will provide advice and support to potential applicants, specialist support in the early stage design and development of complex projects, and promote and integrate the cross cutting themes within projects to ensure that applicants can develop projects that make the most effective use of all European Structural and Investment Funds. For more information please contact the team at firstname.lastname@example.org
There are no further calls at present
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