Functions are actually open for a 3rd spherical of funding from the UK Seafood Innovation Fund (SIF). The programme seeks concepts from innovators seeking to introduce novel and sensible options into the sector that can assist to safe it a sustainable future. The SIF has additionally introduced £1.5m of follow-on funding for initiatives with promising outcomes from the earlier spherical.
Name 3 is seeking to fund feasibility research for as much as 5 months – to a most worth of £50,000 – that take a look at new concepts or approaches that can present long-term, sensible advantages to the seafood business. Not like in earlier rounds, full analysis and growth initiatives won’t be thought of, permitting the programme to direct a bigger proportion of accessible funds to encourage new, distinctive concepts.
Because the fund’s inception in 2019, it has supported 65 initiatives throughout the UK, spanning fisheries, aquaculture and the seafood provide chain. Earlier initiatives have pushed the boundaries of latest applied sciences, and have investigated client habits, market gaps, animal welfare points and the round economic system. The SIF is seeking to additional diversify its vary, and is welcoming candidates (and collaborations) that draw collectively data from throughout the sector and past, and apply options utilizing a novel strategy.
For purposes which might be profitable in gaining funding from Name 3, which then go on to reveal a profitable venture end result, there might be a possibility to use for follow-on funding by a closed name. Particularly, SIF might be in search of robust concepts that may be transformed into widespread realities for UK seafood.
Separate to the opening of Name 3, the fund has additionally introduced a further £1.5m of follow-on funding awarded to SIF-funded feasibility research that confirmed demonstrable promise and applicability of their venture outcomes. This funding has been allotted to 9 initiatives, every now progressing with analysis and growth, and testing their concepts in real-world situations.
One venture, working to extend sustainability of inshore fishing, is trialling climate-friendly electrical outboard motors on small vessels. Modernised parts of the expertise embrace early heat-detection security options, alongside solar-powered recharging.
One other venture is making a sustainable various to single-use polystyrene meals supply containers utilizing compostable biofoam – a venture spurred by the rise in residence supply of seafood through the pandemic.
Name 3 opened on 6 October, and the fund will settle for purposes till noon on 7 January. Within the first occasion, venture groups can submit their progressive concept for suggestions (upfront of a full utility) by way of an Expression of Curiosity (EOI) type. For extra info on easy methods to apply, click on here.
For extra info on beforehand funded initiatives, and people who have acquired follow-on funding, click on here.
This story was taken from the newest problem of Fishing Information. For extra up-to-date and in-depth studies on the UK and Irish industrial fishing sector, subscribe to Fishing Information here or purchase the newest single problem for simply £3.30 here.