Maximising offshore wind opportunities
Mon, 30 March 2015
The UK GROW:OffshoreWind programme has been granted a six-month extension as part of the government’s industrial strategy to help more manufacturers take advantage of investment in supply chain infrastructure.
Over £1m of extra funding has been put aside to assist more firms to overcome barriers to entry by giving them access to specialist support on developing sales strategy, processes and exploring new technologies.
Dominic Brown, head of GROW:OffshoreWind, said: “There have been a significant number of investments in the marketplace and this has set the foundations for suppliers in the lower tiers to take advantage of new opportunities.”
He pointed out that the programme's role has been to work closely with industry leaders and manufacturers to develop a supply chain that is able to deliver a whole host of services and components to the world class standards expected by the big offshore wind contractors and tiers 1.
He continued: “We’ve already allocated £7m of funding to support firms with capital investment, unlocking R&D and, in some cases, helping companies to relocate. This has led to million pounds of contracts being secured and thousands of jobs being safeguarded and created.
Companies looking to break into or increase market share in offshore wind will be assigned a specialist advisor and can then tap into grants of up to £10,000 to help with improvement projects.
GROW:OffshoreWind is delivered by Grant Thornton partnered by the Manufacturing Advisory Service (MAS), RenewableUK and the University of Sheffield.
Source: Anne-Marie Causer http://www.maritimejournal.com/news101/industry-news/maximising-offshore-wind-opportunities