UK Seafood Innovation Fund third call open

UK Seafood Innovation Fund third call open

The Seafood Innovation Fund (SIF) is now accepting third call applications. The SIF programme focuses on delivering longer term, cutting-edge innovation across the seafood sector, and helping to take innovative ideas from early-stage research to commercial viability.

The programme includes:

  • primary producers
  • onshore supply chains
  • marine and diadromous fisheries
  • marine and land-based aquaculture

The programme excludes:

  • freshwater fishing
  • recreational fishing

This call is open for feasibility studies only. The maximum funding available is £50,000 for projects with a duration of up to five months. Successful third call feasibility studies will be eligible to apply for larger R&D funding following completion of their projects.

See:  How to Apply FAQs – Seafood Innovation Fund

Whether you’re a start-up or a well-established business, we understand that cash is king and managing its flow is crucial to your immediate and long-term success. That’s why our independent finance brokerage BM Structured Finance is readily available to assist start-ups and growing businesses source the right funding for their individual needs.

Research & Development (R&D) tax relief has also proved to be a major boost to British business by giving companies the ability to unlock cash from innovation to help fund research and development into the ongoing enhancement of existing products and services.

Does your business undertake research and development? If so, speak to us today to set the benefits in motion. Our proven methodology offers a painless approach towards obtaining R&D tax relief.

For more information about how we can help you and your entrepreneurial business, contact Rebecca Heap with the Beavis Morgan R&D team or Simon Belton at BM Structured Finance.