The global space and aerospace sectors are experiencing exciting changes, and growing rapidly, with increased focus from industry and Government. Many of the advances in coming years will require innovative products, services and technologies, and the South West is one of the most capable regions of the UK.
The AeroSpace Cornwall programme promotes research, development and innovation (RD&I) across Cornwall and the Isles of Scilly. It offers technical and commercial support for businesses looking to develop products, services and technologies which could add competitive advantage to the aerospace and space sectors. The programme will support RD&I projects with a team of technology mentors, match funding, a supply chain competitiveness toolkit and Innovation Vouchers.
The programme is led by Cornwall Development Company, delivered in partnership with the West of England Aerospace Forum (WEAF). It aims to increase the size and capability of the space and aerospace sectors in Cornwall and secure ongoing investment in them. A central platform of the programme is to develop an ‘innovation environment’ for the aerospace and space sectors by encouraging local businesses to collaborate and engage with other business across the UK as well as research institutions. Key areas of focus include advanced engineering in aerospace, unmanned aerial systems (UAS), digital technologies such as embedded software and software applications using satellite communications, earth observation, navigation and meteorology.
AeroSpace Cornwall aims to secure investment from global collaborators and investors as potential end users of the products, services and technology developed as part of the programme. In addition, it will increase the performance and competitiveness of local enterprises, create highly skilled jobs and launch new products into the marketplace.
Businesses can benefit from collaborative R&D funding for projects with a typical consortia project receiving an average of £ 125K (although there may be exceptions to this) and Innovation Vouchers of up to £5,000. Other assistance includes a ‘supply chain competitiveness toolkit’ which can lead to SC21 – a nationally recognised change management toolkit. The programme is able to support partner relocation to Cornwall, such as feasibility studies, travel assistance, and promotional activities. Projects supported by the AeroSpace Cornwall programme will need to be completed by September 2019.
For further information contact Ross Hulbert, Cornwall Trade and Investment’s Business Engagement Manager for the space and aerospace sectors: ross@investincornwall.com, 07496 381986.
Find out how Cornwall Trade and Investment can help your business.
The Growth Hub is offering grant opportunities from £2,500 to £20,000 for businesses looking to take the next step into overseas export. The Growth Hub have announced they are now taking direct applications for export grants, which can help fund activity such as growing overseas trade, finding new markets and supporting local employment. The £459,000 funding pot […]
Businesses in Cornwall and the Isles of Scilly with growth ambitions are being urged to apply for funding from a £10 million business grant scheme to help them increase productivity and invest in research and innovation. As well as continuing to help businesses access support and training through the Shared Prosperity Fund (SPF), the Cornwall […]
Cornwall has miles of coastline and green open spaces and these natural assets have led the region to be a leader in the UK’s journey to net zero.
Whether you’re looking to locate in Cornwall, or to start exporting beyond its borders, get in touch with our friendly team to talk through your needs.