SCORE – £6m Innovation Grants and Support Programme
Building on the success of earlier SCORE innovation funds, Nautilus designed this new £6m programme, more than double the size of the previous fund. Nautilus developed the delivery partnership and secured the funds with support of lead partner Nwes and delivery partner ORE Catapult.
The programme provides strategic, commercial and technical support to offshore renewable energy innovators, and advice to firms looking to diversify into the sector. The programme also delivers grant funding upto £50k per project (or 40% or eligible costs, whichever is lower) to drive innovation and technology acceleration, developing solutions to the offshore industry’s biggest challenges.
To date the current SCORE fund has supported more than 100 businesses investing £2.6m in new innovation projects. This builds on our track record of investing more than £5.3m in 176 SME-led innovation projects between 2010 and 2016.