Funding for marine businesses news. Includes bids for funding, and funding gained in marine grants, seed rounds and marine crowdfunding.
Read about how the RYA Foundation Youth Fund supports young sailors, Iqnautics kicking off its first funding round, the Italian startup which closed €250k seed round to produce electric boats and much more.
Some 17 Sailability and OnBoard venues throughout England will receive individual grants of up to £10,000 for projects that aim to tackle inequalities in sport and help reduce the negative impact of Covid-19. The £150,000 of National Lottery Funding was awarded to the RYA from the Sport England Tackling Inequalities Fund which benefits organisations running […]
The Scottish Government has awarded £1m of additional funding to Scottish Canals to undertake vital dredging works in the Highlands this winter. Dredging will take place across the Caledonian and Crinan Canals from January 2021, ensuring these working heritage structures remain vibrant and busy and continuing to support local jobs and businesses. Some 20,000 tonnes […]
Ecomar Propulsion has won an award for grant funding for clean propulsion, with a successful bid into the Sustainable Innovation Fund. The grant will fund a technical feasibility study for the rapid electrification of outboard power systems for commercial marine vessels up to 500kW. This project forms part of Ecomar’s journey to design a range […]
PSM Instrumentation, a manufacturer of instruments for the marine industry, has secured a loan from HSBC UK through the Coronavirus Business Interruption Loan Scheme (CBILS) to help it trade through the Covid-19 pandemic. The company, which is based in Haywards Heath, manufactures and exports instruments for the marine industry, serving a wide range of vessels […]