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Innovation Development Fund

The Innovation Development Fund offers grants from £150,000 to £300,000 to support businesses researching and developing new technologies for the offshore wind sector. It covers 25% to 60% of eligible project costs. This competition is open to companies registered in North East England and operating in, or with a clear desire to operate in the offshore renewable energy sector.

Recent update

A monitored source page reported changed details. (10 August 2026)

Deadline3 September 2026
Funding£150,000 – £300,000 — grants ranging from £150,000 to £300,000
SummaryThe Innovation Development Fund offers grants from £150,000 to £300,000 to support businesses researching and developing new technologies for the offshore wind sector. It covers 25% to 60% of eligible project costs. This competition is open to companies registered in North East England and operating in, or with a clear desire to operate in the offshore renewable energy sector.
Why relevantThe fund supports businesses of various sizes, indicated by the varying intervention rates based on organisation size.
CategoryGrant
Funding typesGrant, Business Support
GeographyNorth East England (Northumberland, Newcastle, North Tyneside, South Tyneside, Gateshead, Sunderland & County Durham)
SectorsOffshore Wind, Subsea
Match fundingcover between 25% and 60% of eligible project costs depending on the type of project and organisation size
How to applyApplication Launch Event and Grant Funding Workshop takes place on 29th July 2026. Period to submit formal questions to the programme team is from 8th July - 21st Aug 2026. Application assessment period is from 3rd Sept - 16th Oct 2026.
StatusOpen — closing soon

Project requirements

researching and developing new technologies for the offshore wind sector, in alignment with the thematic priorities established by the NEOWIND programme partners

How to apply

Application Launch Event and Grant Funding Workshop takes place on 29th July 2026. Period to submit formal questions to the programme team is from 8th July - 21st Aug 2026. Application assessment period is from 3rd Sept - 16th Oct 2026.

Official application pageOfficial guidance

Sources & page links

Every link captured for this opportunity (4)