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Vessel operations installing drag embedment anchors for a Floating Wind project.

Funding announced for first-in-class low-carbon installation vessel for floating offshore wind

The UK Government has awarded funding to a consortium led by Falmouth-based Morek Engineering to design a new class of low-carbon installation vessel for the floating offshore wind market.

The consortium has won the funding through the UK Government’s Clean Maritime Demonstration Competition based on their proven track record in innovative vessel design and delivery of complex...

CW Team

Funding Helps Business Scoop Innovator Award

An award-winning cyber security provider in Cornwall has received £50k in funding via SWIG Finance to expand the business.

Cool Waters Cyber Security provides cyber security services, including compliance and governance, and training.

The funding has been used to set up a cyber security apprenticeship scheme in Cornwall, which helped the business to scoop the Cyber Social...

New Funding and Finance Resource for every Business in Devon and Somerset

New funding and finance resource for every business in Devon and Somerset

Businesses in Devon and Somerset are set to receive improved access to funding opportunities, guidance, best practice and finance support thanks to a new project launched by the Heart of the South West LEP .

Access to Finance SW is a free community platform for growing businesses in the Heart of the South West region.

From regular business meetups to ‘ask the expert’...

L to R - Melanie Goward, John Peters, Jody Tableporter, Ralph Singleton, Julie Silvester, Ken Coope

British Business Bank launches £200m regional fund

The British Business Bank today launches the £200m South West Investment Fund aimed at fostering growth and prosperity for small businesses across the South West of England.

The South West Investment Fund (SWIF) will provide funding to small and medium sized businesses across the whole South West region, covering Bristol, Cornwall and the Isles of Scilly, Devon, Dorset,...


New Bristol Angel Group Launched

Angel Investors Bristol (AIB) has announced the launch of its newly created investment group. From Tuesday 20th June, AIB will create a new home for Angel Investors with a desire to support and invest in local growth businesses.

Founding members, Peter Lockett, Ben Cooper, Jon Bonnick and Sam Simpson have been active investors via BPEC and other Angel groups in recent years and have...

London from above

SWIG Finance appointed South West Business Support Partner for Start Up Loans

Start Up Loans, part of the British Business Bank, has appointed South West Investment Group (SWIG Finance) as its regional Business Support Partner for the South West region.

SWIG Finance will work with the Start Up Loans programme to deliver funding and support for small businesses in the South West over the next two years.

The scheme has a 10-year legacy of delivering...

David Arscott, founder and CEO at PyTerra

Bristol tech firm awarded £45k grant for net zero housing retrofit initiative

Bristol-based company PyTerra has been awarded a £45,730 grant as part of a £114k R&D project to accelerate the roll-out of residential retrofitting to help hit net zero targets.

Grant funding has come from the European Regional Development Fund, which is managed by the West of England Combined Authority. The Bristol housing retrofit initiative also benefits from funding from the...


British Business Bank marks 100,000 Start Up Loans milestone

Start Up Loans, part of the British Business Bank, announces that its programme has facilitated over 100,000 loans worth more than £941 million to businesses throughout the UK. The figure marks a significant milestone for the programme since its creation in 2012.

Of the total 100,228 loans, 40% have been to women and 20% to people from Black, Asian and Other Ethnic Minority...

Jelte Liebrand

Dorset marine tech company kicks off most successful crowdfunding round to date

Marine technology company savvy navvy celebrates its fastest overfunding to date on investment platform Seedrs after opening its doors to investors, with offers still pouring in.

The innovative all-in-one navigation app, often referred to as ‘ Google maps for boats ’, just launched their campaign and has already passed their minimum £600,000 target. The round is currently still open...


Tech Nation to cease operations following funding withdrawal

Tech Nation , the government-backed supporter of the UK tech ecosystem, has today announced that it will cease operations from 31 March 2023.

The news follows a controversial decision last year by the UK government to award a £12.09m Digital Growth Grant to Barclays tech incubator Eagle Labs instead of the non-profit Tech Nation.

Tech Nation has described the closure as “a...