BUSINESSES looking for funding to develop innovative ideas in the marine and maritime industry are invited to apply for a share of a £7.5m pot.
Innovate UK is investing £7.5m with DSTL in a collaborative research and development competition.
The aim is to stimulate innovation in technologies that will enable greater efficiencies in the production, management and use of energy on board a vessel.
Project must be led by a business and collaborate with at least one other partner. Successful businesses can expect to receive 50 to 60 per cent of their project costs.
It is a two-stage competition that opens for applicants on January 12, 2015. The deadline for expressions of interest is at noon on March 11. To find out more, visit http://tinyurl.com/mdosyld.