In its largest funding call to date, the OWGP is releasing £3.5 million for Development Grants to be awarded to high-growth supply chain companies. Development Grants of between £100K and £1 million are available for capital and operational expenditure on projects that will unlock significant growth potential in UK content, jobs and export opportunities. This latest call builds on the £2.5M of grant funding already allocated to successful companies in the last 18 months.
Development Grants are available to UK companies and will be awarded on a competitive basis, with successful proposals demonstrating a long-term business plan and a clear ambition for growth in the sector. Eligible applicants can request up to £1M in a single grant application to cover up to 50% of the total project budget.