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New funding scheme is a huge opportunity for businesses in Cornwall, says Marine-i

Marine-i has called on businesses in Cornwall to seize the opportunity offered by a new Government funding scheme that will support the development of innovative floating offshore wind technologies. Marine-i has also offered practical support to these businesses, by providing access to world-class testing facilities and assisting in the formation of new collaborations between companies.

Part funded by the European Regional Development Fund, Marine-i is designed to help the marine technology sector in Cornwall and the Isles of Scilly grow through harnessing the full potential of research and innovation.

Wind turbine
Image by Principle Power Inc

The Floating Offshore Wind Demonstration Programme is a new funding call which has been announced by the Department for Business, Energy & Industrial Strategy (BEIS). It reflects the UK Government’s target for floating offshore wind to deliver 1GW of energy by 2030.

Floating offshore wind (FLOW) is a fast growing industry worldwide. It enables wind turbines to operate in deeper seas, where the winds are stronger. The Celtic Sea has been identified as one of the best potential sites in Europe.

BEIS is making up to £17.5 million of funding available for this programme. The aim is to deliver  multiple demonstration projects, which will take place until end of March 2024, and will cover a range of FLOW technology challenges. These include mooring and anchoring, dynamic cables, and floaters and foundations.

Prof Lars Johanning, Programme Director for Marine-i, says: “This is an excellent initiative and local marine tech businesses should take full advantage of it. The Marine-i team will offer any assistance they can to these companies in preparing their bids.”

“Through the Marine-i project, they can also get access to over 20 world class offshore renewables test facilities, backed up by leading-edge research expertise from the University of Exeter and University of Plymouth. These technology challenges for FLOW may well require a number of businesses to work in collaboration in their delivery. Marine-i is prepared to use its experience in this area to help facilitate the forming of these new consortia.”

“Floating offshore wind is poised to be a huge opportunity for Cornwall and the South West. I would urge businesses to start formulating their bids as soon as possible, ahead of the closing date for applications of 18th June 2021.”

A £3.2m investment from the Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) is boosting production of one of the UK’s best known cheeses.

The LEP’s grant from the Government’s Getting Building Fund is supporting the multi-million pound expansion of the world-class Saputo Dairy UK creamery in Davidstow to increase production of cheddar and ingredients for infant formula.

Davidstow employs more than 200 people and is home to the famous Cathedral City cheddar brand which has annual sales of over £300 million and is found in more than half of all UK household fridges. The cheese is made from 100% local milk, directly supporting around 330 dairy farmers across Cornwall and the South West.

Last year the business starting selling Cathedral City to the Canadian and US markets for the first time, helped by a major media campaign which included an 8,500 square foot digital billboard standing 18 stories tall in Times Square in New York. The LEP’s investment in plant and machinery at Davidstow will help increase capacity for cheese production and by-products like demineralised whey, and reduce the environmental footprint of the creamery, including significant CO2 reductions.

LEP director Clare Parnell, who chairs the LEP’s Rural Group and is a farmer in North Cornwall, said: “The Davidstow creamery is a major local employer whose supply chain extends across Cornwall and the wider region. The LEP’s investment, secured from the Getting Building Fund, is having an immediate impact by boosting capacity and improving the efficiency of the plant as the business looks to further growth.”

Tom Atherton, President and Chief Operating Officer of Saputo Diary UK, said: “The awarding of this grant is welcome news for Saputo Dairy UK, our 200-plus employees in Cornwall, our 330 supplying farmers and all those who support our business in the South West. It enables us to strengthen the infrastructure at our Davidstow creamery to support the continued growth of our award-winning cheddar brands, both in the UK and abroad. The launch of Cathedral City in North America is just the first step in our ambitious international expansion programme.”

The LEP successfully bid for £14.3m of Getting Building Fund investment last summer following a Government call for ‘shovel-ready’ projects that could create jobs and support post-Covid-19 economic recovery across the country. The LEP is backing six other Getting Building Fund projects in Cornwall with a total value of £58m, supporting around 1,100 jobs.

Find out more about the LEP’s projects and news here.

The Export Academy, from the Department for International Trade (DIT), gives small and micro-businesses the know-how to sell to customers around the world with confidence.

It’s aimed at a wide range of businesses – they could be selling children’s clothes to Spain online, or providing PR services to a new client in the US. Whether a business wants to start exporting, or is aiming to enter new markets, we’ll help them overcome many of the common challenges that small businesses can face.

This pilot programme is designed for owners and senior managers of businesses. To qualify businesses must:

Due to the pandemic, the Export Academy will temporarily be delivered online, and will feature educational events, independent learning, networking and group mentoring. Businesses will leave the course with a completed export action plan that could help take their business to international customers.

The  3rd series of the programme will commence on 2nd February.

With subsequent series across the next few weeks. Series 4 will commence on 16th February, series 5 will commence on 1st March and series 6 will commence on 18th March.

The modules include every stage of the entire exporter’s journey. Businesses can sign up at any time in advance of the course and may register to attend across different series if they miss a particular module.

Module 1 – Understanding the Benefits and Barriers of Export

Module 2 – International Market Research

Module 3 – Steps to Export

Module 4 – Pricing Strategy and Routes to Market

Module 5 – Understanding Customs Procedures and Tariffs

Module 6 – Selling Services Overseas (Part 1)

Module 7 – Understanding International Commercial Terms

Module 8 – Selling Services Overseas (Part 2)

Module 9 – Export Controls

Module 10 – Movement of Money (Getting Paid)

If you want to find out more and sign up for these free workshops visit DIT’s website here.

A package of measures to help businesses in England build back better following the pandemic has been announced by the Government today. The Department for International Trade’s (DIT) Export Growth Plan provides additional financial support and expertise, some of which is targeted towards specific regions that are most in need.

The plan includes a £38 million Internationalisation Fund for small businesses, which will help up to 7,600 SMEs in England grow their overseas trading and strengthen their business. Additional support for exporters will be provided by 64 new International Trade Advisors (ITAs), many of them working closely with Local Enterprise Partnerships (LEPs), who will lend their expertise to small businesses in the Northern Powerhouse, Midlands Engine and South West.

A new pilot Export Academy will also be introduced to support smaller businesses in the same areas. The Academy will deliver a series of activities to build the capabilities of smaller companies, creating a new cohort of confident businesses ready to trade.

Minister for Exports, Graham Stuart MP said:

“The Government is negotiating trade deals around the world and we are determined to help UK businesses take advantage of the markets we are opening. So, as part of the recovery from coronavirus, I am delighted to announce this funding and support, which will be invaluable to businesses looking to begin or continue their exporting journeys. In 2019 we overtook France to become the world’s fifth largest exporter and this package is a statement of our confidence in UK companies to grow the UK as an exporting superpower. The package will ensure businesses are supported from the start, with more funding, more Trade Advisors and the establishment of the Export Academy to help businesses build back better.”

These new measures are the latest in a series of measures already announced by DIT since the Coronavirus outbreak.

UK Export Finance (UKEF), the government’s world-leading credit agency, can help businesses grow their overseas trade and build back from the impact of coronavirus. UKEF is expanding its network of regional Export Finance Managers to help local businesses secure the financing they need to trade internationally by appointing renewable energy specialists to put SMEs at the heart of the global transition to clean energy.

Full list of measures below:

If you want to find out more information about exporting from Cornwall please get in touch with our team today.

During this challenging time for our creative industries, the Creative Cornwall Calling campaign has been devised to support projects and ideas across all of Cornwall.

Cornwall Council is pledging £15,000 match-funding towards some brilliant creative projects. Read the full criteria here.

Wind turbine
New funding scheme is a huge opportunity for businesses in Cornwall, says Marine-i

Marine-i has called on businesses in Cornwall to seize the opportunity offered by a new Government funding scheme that will support the development of innovative floating offshore wind technologies. Marine-i has also offered practical support to these businesses, by providing access to world-class testing facilities and assisting in the formation of new collaborations between companies. […]

Cheddar Advert
LEP investment boosts Cornish cheddar production

A £3.2m investment from the Cornwall and Isles of Scilly Local Enterprise Partnership (LEP) is boosting production of one of the UK’s best known cheeses. The LEP’s grant from the Government’s Getting Building Fund is supporting the multi-million pound expansion of the world-class Saputo Dairy UK creamery in Davidstow to increase production of cheddar and […]

export academy
Department for International Trade’s Export Academy

The Export Academy, from the Department for International Trade (DIT), gives small and micro-businesses the know-how to sell to customers around the world with confidence. It’s aimed at a wide range of businesses – they could be selling children’s clothes to Spain online, or providing PR services to a new client in the US. Whether […]

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A package of measures to help businesses in England build back better following the pandemic has been announced by the Government today. The Department for International Trade’s (DIT) Export Growth Plan provides additional financial support and expertise, some of which is targeted towards specific regions that are most in need. The plan includes a £38 […]

£1,000 extra funding available to support creative projects in Cornwall

During this challenging time for our creative industries, the Creative Cornwall Calling campaign has been devised to support projects and ideas across all of Cornwall. Cornwall Council is pledging £15,000 match-funding towards some brilliant creative projects. Read the full criteria here.

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